Upward price pressure possible at April renewals following Japan quake: AM Best
Reinsurance News - Jan 05, 2024
If losses from the recent earthquake that struck the west coast of Japan on January 1 were to hit individual companies’ earthquake reinsurance excess-of-loss layers, it could fuel rate increases in the upcoming 1 April reinsurance renewal, says AM Best. In a report on the matter, the rating agency n...
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