Every programme firm-ordered below lowest quoted terms: Frankland

Reinsurance continues to attract significant investment despite
double-digit rate reductions, with every programme given a firm
order below the lowest quoted terms at 1 January, Nick Frankland,
Guy Carpenter's CEO of Europe and the Middle East said today (8
January).
Frankland said Guy Carpenter's view of rate reductions was
in line with other market commentators, with reports of
double-digit reductions on catastrophe excess-of-loss business and
significant decreases across almost all ot