Analysis: Reinsurance hikes add to motor pricing pressure
The UK motor market had the unwanted title of the biggest riser in the annual global reinsurance renewal season this January, adding another reason for intense scrutiny on insurance pricing in the loss-making sector
UK motor liability reinsurance rates were the biggest risers in the traditional global 1 January renewal season, according to Willis Re.
The reinsurance division of Willis Towers Watson revealed that
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