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Reinsurance Rates Report

July 09, 2014
The 1st View, July 1, 2014, Willis Re report of current reinsurance market conditions asserts competition abounds and, "As anticipated the June 1 and July 1, 2014 reinsurance renewals have seen little change in the current market dynamics. Excess capital supply, chasing muted demand, is leading to significant rate reductions and, in some cases, and expansion in terms and conditions." The report breaks down market conditions by line of business and country. This report provides some insights into the implications of reinsurance pricing for captives.
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