Life and personal accident reinsurance rates fall nearly 4% - Guy Carpenter
Life and personal accident reinsurance rates continued to resist upward pressure at the April 1, 2009 renewal, consistent with the downward trend witnessed at the Jan 1 2009 renewals, according to a briefing published today by reinsurance broker Guy Carpenter.
According the broker, the average rate on line (ROL) declined 3.8%, excepting programs with large rate changes for reasons not directly related to market conditions. In some cases, rates were down by
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