Indecision time at Monte Carlo
The recent reinsurance rendezvous at Monte Carlo provided little hope for UK provincial brokers that...
The recent reinsurance rendezvous at Monte Carlo provided little hope for UK provincial brokers that reinsurance rates may rise at renewal and put pressure on UK insurers to harden rates.
Andrew Hubbard at Mazarrs, who was at the rendezvous said: "This year, virtually everyone noted a lack of anything to talk about", meaning there had been no mind-focusing catastrophes. He continued: "Although being midpoint in the hurricane season the possibility of a major event exists, on balance I see little
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