Reinsurance tariff hike won't impact Pool Re rates, claims Willis
The increased premium ceded to government as part of the new deal agreed with Pool Re will not result in a hike in rates paid by members of the terrorism facility, according to Ian Kennett, executive director in Willis' real estate practice.
Commentators initially thought the government’s revised funding proposals for Pool Re would have a significant impact on the provision of terrorism insurance in the UK, however a review of the detail
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