Reinsurers stick to their guns
Reinsurers are determined to claw back losses by pushing through rate increases at 1 January, but the price rises will not be enough to solve the market's woes, says Janina Clark.
Higher premiums may be coming in through the front doors of theworld's reinsurers, but low investment yields and higher losses on
prior-year underwriting mean profits are disappearing out the back
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