Transparency Key In Tighter Re Market
London Editor
Whats ahead for the January 2002reinsurance renewals? It might be a little too early to get atotally accurate picture given that many underwriters are still inthe process of re-writing their business plans in a post-WorldTrade Center market, but several brokers agree that underwriterswill tighten terms and conditions, will expect greater transparencyin the coverage they provide, and most assuredly rates will riseprecipitously.
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