Aon Study: Asian Buyers Want Rate Cuts
NU Online News Service, Nov. 23, 11:11 a.m. EST?Property insurance buyers in Asia are expecting continuing rate cuts and are looking more closely at self-insurance and larger deductibles, according to a survey of the marketplace by Aon.[@@]
The findings were contained in the "2004 Asia Property Report: A market in the balance," prepared by Aon's London office. The study was based on an electronic survey of buyers and sellers of property insurance in Asia, including 22 insured clients and 41 insurers.
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