Hard times.
Reinsurers have endured huge losses over the last couple of years due to the high number of catastrophes. In the wake of last week's Monte Carlo Rendezvous, Adrian Leonard analyses the future for the reinsurance rating cycle in London.
At last, it seems, the reinsurance rating cycle in London isbeginning to turn upwards. Lime Street and Mincing Lane are gearing up for
a hard market.
Realistically, until the 2000 renewal season of
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