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Reinsurers See Rate Increases Continuing into 2013

Factors in the reinsurance marketplace point to continued moderate rate increases going forward, two reinsurers say as the annual Reinsurance Rendezvous kicks off in Monte Carlo.

By Staff Writer | Updated on September 10, 2012

Factors in the reinsurance marketplace point to continued moderate rate increases going forward, two reinsurers say as the annual Reinsurance Rendezvous kicks off in Monte Carlo. 

In a statement outlining comments by company executives at the meeting, Swiss Re says competing factors are currently in play pulling the rate environment in different directions. “On the one hand, lower interest rates and higher solvency requirements point to firmer pricing, while low inflation rates, reserve releases and excess capital speak for lower prices,” Swiss Re says. 

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