Reinsurers eye long-awaited casualty improvement

After years of deteriorating underwriting conditions in US
casualty reinsurance, there is cautious optimism among reinsurers
that predicted post-loss hardening in property lines will instigate
a slow turn in third party business.
Loss experience in isolated segments of the primary casualty
market such as trucking and builders' risk has created pockets
of hardening prices that have already begun translating to the
reinsurance market.
And Axel Freiboth, managing director of P&C treaty for Nort