A new study of the reinsurance industry's Jan. 1 renewal period finds U.S. insurers paying significant increases as reinsurers seek to separate U.S. carriers' risks from exposures in Europe.
Guy Carpenter & Company Inc., a subsidiary of the Marsh & McLennan Companies, has published "Property Specialty Update--1 January 2006 Renewal Season Overview," an in-depth report on the Jan. 1 property renewal season.
The study expands on the property findings of Guy Carpenter's recently published "U.S. Reinsurance Renewals at Jan. 1," providing a detailed assessment of reinsurance renewals in Europe, Asia Pacific and the U.S.
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