Rates & Renewals
Soft market conditions have cut into performance in the casualty market, and with reserve trends expected to turn sour and emerging trends such as cyber posing new problems, rates desperately need to harden
Investors are already flooding back into the market
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Valuing an ILS fund position presents very different challenges to assessing the risk represented by a book of legacy business
Despite some very large reserve bolstering in recent years, it looks as if the industry still has some way to go before it has fully reserved for commercial motor liability business
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