Cedants less likely to transfer business to reinsurers, says AM Best
Europe’s 20 largest cedants are benefitting from lower reinsurance rates and stronger bargaining power according to ratings agency AM Best.
Although each insurer is taking a different reinsurance strategy (see table), AM Best noted that some insurers were ceding notably less premiums to reinsurers based on 2013 and 2012 annual figures.
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