Aon Study: Asian Buyers Want Rate Cuts

NU Online News Service, Nov. 23, 11:11 a.m.EST?Property insurance buyers in Asia are expectingcontinuing rate cuts and are looking more closely at self-insuranceand larger deductibles, according to a survey of the marketplace byAon.[@@]

The findings were contained in the "2004 Asia Property Report: Amarket in the balance," prepared by Aon's London office. The studywas based on an electronic survey of buyers and sellers of propertyinsurance in Asia, including 22 insured clients and 41insurers.

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