Nick Frankland opened the presentation by providing a brief overview of renewals activity. “The January 2016 renewal was an orderly, stable, very business-like renewal. It was on time and it developed and performed very much as we predicted at Baden Baden. Prices were generally lower than at 2015, but they decreased at a slower rate. The amount of reinsurance capital was broadly stable, but capacity still exceeded demand and overall more limits were purchased..."
- Guy Carpenter / Report / 4 years ago