A postcard from PCI

The reinsurance industry may at long last be close to an
inflection point, but for the first time in a while the talk in
bars at the annual Property Casualty Insurers Association of
America (PCI) conference was not restricted merely to rates and
broadening terms.
In recent years, industry conferences have at times looked like
nothing more than a propaganda war between brokers and
reinsurers.
The intermediaries use the opportunity of having the
market's collective ear to talk down expected...