Cedants seizing low pricing opportunity: AM Best

Cedants are taking advantage of prolonged reinsurance soft market
conditions to increase ceded premiums and lock in more multi-year
policies, according to AM Best.
In a report released today the ratings agency said cessions had
increased by around 17 percent year-on-year during 2015, compared
to lower increases in premiums.
Insurers are benefiting from low pricing and leveraging their
position to sign multi-year treaty policies at favourable rates,
particularly the largest buyers.
A trend toward