Mena reinsurance execs expect rate hardening

A majority of reinsurance executives in the Middle East and North
Africa (Mena) region expect rates in the market to rise within the
next 12 months, according to the Qatar Financial Centre (QFC).
In the QFC's annual Mena Reinsurance Barometer report,
released today, it said 52 percent of executives polled believed a
series of major insured losses and subsequent retrenchment of
market participants in the region should cause a rate
hardening.
It is the first time a majority of executives...