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International

January reinsurance placements highlight pricing gap: Willis Re

January 07, 2019 Reprints

James Kent, global CEO of Willis Re, the reinsurance arm of Willis Towers Watson P.L.C., said that the January reinsurance placements have highlighted a pricing gap, Asia Insurance Review reports. The gap is between pricing for accounts with peak peril exposures and/or poor loss records, and those with good loss records and/or non-peak exposures. Meanwhile, European property catastrophe renewals that benefit both from good loss records and a disciplined early renewal process have been able to achieve some risk-adjusted rate reductions.

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January reinsurance placements highlight pricing gap: Willis Re

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