Rate rises “are barely keeping up with loss cost trend”, Munich Re America’s Steve Levy has warned, and he anticipates that will manifest itself in further increases in pricing and continued pressure on ceding commissions at the upcoming renewals...
Rate rises “are barely keeping up with loss cost trend”, Munich Re America’s Steve Levy has warned, and he anticipates that will manifest itself in further increases in pricing and continued pressure on ceding commissions at the upcoming renewals...