Monte Carlo

Rating agencies, carriers and brokers spent the week here at the annual reinsurance rendezvous speculating about how long the currently soft but stable market can be sustained, given the looming threats on the horizon.

"The industry is at a stage of relative calm. It is proceeding well after the recession and will continue to offer capacity to insurer clients like in the past," Miles Trotter, general manager-analytics with A.M. Best in London, reported at a press conference here.

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