Reinsurance rate decline slows at April renewals

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The 1 April reinsurance renewals saw rate reductions range from flat to mid-single digit reductions, an improvement compared to the low double digit range seen 12 months ago, according to Willis Re.

According to the 1st View renewals report, 2016 generated an “acceptable” though reduced return for the Global reinsurance renewals and consequently the 1 April 2017 renewal season have largely

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