Bifurcated 1.1 renewal market negotiations leaves strained relationships, reinsurance brokers warn
Challenging negotiations between reinsurers and buyers during the busy 1.1 renewal season may have strained relationships with some clients, brokers have warned.
The renewals saw reinsurers adopt a more differentiated approach than in previous years, distinguishing between better and worse performing clients as they sought higher rates.
Guy Carpenter said
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