Reinsurers begin fight for rate rises in Baden-Baden

Reinsurance buyers at Baden-Baden have conceded that they will not
be able to achieve European property cat rate reductions at 1
JanuarySources speaking to The Insurance
Insider during the course of the reinsurance
conference said buyers were now coming round to the idea that a
flat renewal would be a good outcome for them at 1.1.
"I think buyers came into the conference with the attitude
that reductions would still be achievable," one broker said.
"But that perception changed...