According to the United States Aon insurance broker Aon company's global reinsurance company analysis report is expected in the middle of this year's renewal period, property catastrophe reinsurance plan rates will benefit British insurance companies.
The company said that this year on January 1 so that reinsurance pricing, terms and conditions of weak fundamental factors is expected in the upcoming renewal of the summer still in effect.
The analysis, the Nordic re-insurance rates likely to remain at a relatively low level, or up to 10 percent decline, while Southern Europe will further premium rate next renewal quarter dropped 5% to 15%. U.S. integrated commercial insurance premium rates will drop to 10% -15%.
Taking into account the property / casualty reinsurance market in the capital, from the current level of pricing, global Aon reinsurance company estimates that a 30 billion U.S. dollars -500 billion dollars in property loss can reverse this catastrophe rates, terms and conditions of the Development direction.
The company said that this year on January 1 so that reinsurance pricing, terms and conditions of weak fundamental factors is expected in the upcoming renewal of the summer still in effect.
The analysis, the Nordic re-insurance rates likely to remain at a relatively low level, or up to 10 percent decline, while Southern Europe will further premium rate next renewal quarter dropped 5% to 15%. U.S. integrated commercial insurance premium rates will drop to 10% -15%.
Taking into account the property / casualty reinsurance market in the capital, from the current level of pricing, global Aon reinsurance company estimates that a 30 billion U.S. dollars -500 billion dollars in property loss can reverse this catastrophe rates, terms and conditions of the Development direction.
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