Help

BI’s Article search uses Boolean search capabilities. If you are not familiar with these principles, here are some quick tips.

To search specifically for more than one word, put the search term in quotation marks. For example, “workers compensation”. This will limit your search to that combination of words.

To search for a combination of terms, use quotations and the & symbol. For example, “hurricane” & “loss”.

International

Reinsurers expect rate declines at renewal amid wave of M&A

October 19, 2015 Reprints

Biggest reinsurers in the world are expecting bigger price declines at 2016 renewal than predicted in September as a wave of mergers and acquisitions in the industry fail to absorb some of the abundant capital, reported Bloomberg.

M&As "haven't impacted capacity," said Nick Frankland, an official at Guy Carpenter & Co. L.L.C, adding that "capacity is still abundant and that is naturally having a continued effect on the pricing environment."

The rate reductions "may be more than" the 5% to 10% suggested in Monte Carlo, Mr. Frankland said.

Help

Reinsurers expect rate declines at renewal amid wave of M&A

Readers Poll

Most Read in International

Sign up now for free access to this article and much more.

If you are already registered with Business Insurance, click here to Login

Please tell us a bit more about yourself in order to continue

About

Advertise

Reprints and Licensing

Resources