Opinion: Back to basics
After years in the soft market doldrums underwriters are beginning
to walk with a slight spring in their step.
Instead of the relentless inevitability of another round of rate
cuts, there is a real prospect of a meaningful correction in
property cat insurance and reinsurance pricing that could extend to
other parts of the property market and beyond.
At the CIAB conference earlier this week, there was a sense that
the market psychology was shifting in real time as industry...
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