Aon Finds Reinsurer Competition Growing
NU Online News Service, Feb. 24, 1:12 p.m. EST?Reinsurance customers are stimulating competition in the marketplace by using more than one provider, but prices should remain fairly strong until next year, according to an international brokerage firm's study.[@@]
The findings were contained in London-Based Aon's 2004 reinsurance renewals report, which concluded that additional players in the reinsurance marketplace are "not necessarily translating into the premium reductions that buyers wanted or expected," Aon said.
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