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Soft Market

Pricing pressures have diminished margins to such an extent that profitability is under significant threat. The focus on disciplined underwriting is mounting at Lloyd’s, where the Corporation has vowed to take all the steps necessary to ensure underperforming business is addressed.



Future of reinsurance comes under further scrutiny

Traditional players don’t seem to be able to resist the pressure for further rate cuts and broadening of terms and conditions

North America United States Reinsurance

Florida rate decreases accelerate at 1/7: Willis Re

Reinsurance downward pricing trends continue with repeat of January 1 and April 1 renewals
Reinsurance United States Renewals

Barbican's Reeves: 'no point' in exiting struggling classes

Chief executive insists insurer will not walk away from underperforming classes and looks for corporate partnerships to add scale
Barbican Lloyds

Talk of reinsurance bottoming-out is premature

The market seems stuck in soft mode, while results worsen
Companies House Reinsurance Renewals

Falling rates divide reinsurers on strategy

Prices are down but the response of reinsurers has been more nuanced
Companies House Reinsurance Renewals

Swiss Re: Global insurance premium growth slows in 2016

Growth in China supports global slowdown

Swiss Re
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No change for reinsurance rates in 2017, Fitch says

Uptick in major losses unlikely to impact pricing

Reinsurance International

Cutting a path through the property soft cycle

Advances in technology and data analysis mean property insurers are better able to manage the soft cycle but underwriters must maintain their discipline as the market begins to harden

Property
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