Wills Re: Degree of softening divides reinsurance markets
The reinsurance industry is showing signs of reverting to its historic pattern of feast or famine, and that as the market softens differences in response are emerging between the reinsurance hubs of Bermuda and London.
This is according to Peter Hearn, chief executive of global broker Willis’ reinsurance arm, Willis Re, who said in the opening statement to his firm’s 2008 renewal report Bermuda has taken a more
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