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Willis Sees Flat To Falling Rates On Reinsurance

Willis Re, a unit of London-headquartered insurance broker Willis Group Holdings, in its report titled "Few Surprises" said reinsurance rates at the April 1 renewal period remained flat or fell, depen

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Reinsurance rates overall should continue to run flat or decline through the July 1 renewal season barring a major catastrophe, a reinsurance broker said.

Willis Re, a unit of London-headquartered insurance broker Willis Group Holdings, in its report titled “Few Surprises” said reinsurance rates at the April 1 renewal period remained flat or fell, depending upon the specific insurance risk.

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