Paris Re writes more at 1/1 for flat premium
Paris Re has described the 1/1 renewals as satisfactory in terms of pricing and said they were in line with expectations, whilst increasing its non-property writings to offset business lost to unattractive terms and conditions and increased retentions.
The January renewal season accounts for approximately 60% of the Paris Re treaty book of business and $680m of gross written premium volume. The reinsurer said total property premiums were down 3%.
Ge
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