New entrants maintain reinsurance price discipline
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A survey by U.S.-based firm Keefe, Bruyette & Woods Inc. has found that the new private equity-backed start-ups have so far maintained the reinsurance industry’s price discipline ahead of the Jan. 1 renewals, Artemis reported. Meanwhile, factors such as record activity levels in the catastrophe bond market, could cause rate deceleration, according to the analysts at KBW.
