Opinion: Rates in the balance

It would be a brave reinsurer or broker that tried to call the 1
January renewal at this stage.
After the posturing of the CIAB meeting in Colorado last week
there was a palpable sense of optimism from primary and reinsurance
underwriters that the market was headed for a turn.
With the exception of one of the largest reinsurance brokers,
everyone appeared to be on the same page.
Retail and wholesale intermediaries were asking for carriers to
be "reasonable", while...