Property renewals - A very rational kind of bloodbath

Jeremy Golden reports from a highly competitive renewal season for fac property that has seen some, but not all, of the old soft market habits come back

The consensus among facultative reinsurance brokers is that current state of the Fac property renewals in general terms has seen a powerful re-emergence of a softening cycle for which there has been

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ABI insists fire safety scheme is temporary

Mervyn Skeet, the Association of British Insurers’ director of general insurance, has outlined how the trade body will ensure the Fire Safety Reinsurance Scheme will only last three to five years, and how it will should end criticism of brokers earning commission for arranging cover.

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