12-09-2017 17:52 via insuranceinsider.com

Cavanagh and Kent urge restraint with post-hurricane back-ups

Willis Re CEO John Cavanagh and designated successor James Kent
have urged the reinsurance market to show a measured response when
arranging back-ups following Hurricane Harvey and Hurricane Irma.
Speaking at the Willis Re press briefing in Monte Carlo Kent,
the current deputy CEO, said that there had been a round of
reinsurance buying after Harvey, but that the market had been
"pretty restrained, and I mean that in a good way".
With the back-ups the broker had placed, pricing...
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