Axa corporate boss calls for rating stability
A leading personality in the international insurance industry has said that if the current soft market cycle taking hold is to flatten out, then premium rates must be stabilised if insurers are to achieve stable and adequate pricing. And that means restoring underwriting discipline.
Jean-Paul Rignault, chief executive of Axa Corporate Solutions, was speaking at the close of a seminar in Bristol for clients and brokers arranged by the UK branch of the company.
In a wide-ranging
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