07-02-2017 20:13 via insuranceinsider.com

Reinsurers showed discipline at 1.1: Peignet

The 1 January renewals showed signs of "reasonably good
discipline" from lead reinsurers, according to Scor Global
P&C CEO Victor Peignet.
Speaking to The Insurance Insider,
Peignet described the latest round of renewal negotiations as
"tough", with discussions taking shape relatively late in
the year and a lack of visibility on the part of buyers.
"People were very hesitant to be the first one to jump in,
so it delayed the whole process," Peignet said. "But this
year there was...
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