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  1. "Hannover Re foresees some reinsurance rates rising"

    "Ulrich Wallin, chief executive officer of Hannover Re, said during a presentation Sept. 7 at the Rendez-Vous de Septembre reinsurance meeting in Monte Carlo that reinsurance prices are rising in capital-intensive classes as buyers recognize the value of the coverage during the financial downturn. Those classes include credit, surety and aviation."

    Read it here.

  2. Join Date
    Jan 2005
    Posts
    755

    Interesting...

    However, I don't think you will see a market shift for a bit. I always hear sureties complaining about the costs and paperwork involved with filing new rates. Then again, I don't see how some of them can turn a profit with how low the rates are on some lines of business.

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