Aon sees reinsurance costs flat-to-falling at 1/6, 1/7
Analysts at giant reinsurance broker Aon Re Global are predicting that reinsurance rates on line for personal lines, standard commercial lines and complex commercial lines are likely to be flat to lower during mid-year 1st June and 1st July renewals of property catastrophe programs.
Aon Re said it sees plentiful capacity globally and pointed to the Florida Cat fund reforms, a nearly loss-free reinsurance year in 2006 and restoration of reinsurers' capital bases as well as
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