NU Online News Service, Jan. 2, 12:52 p.m.EST

High losses from 2011 are producing greater underwritingdiscipline among reinsurers when it comes to catastrophe-exposedrenewals, according to a major insurance broker.

In a report titled, “Change is in the Wind,” Willis Re releasedFriday, the reinsurance broking division of Willis Group Holdingssays with the majority of this year's “catastrophe losses arisingfrom un-modeled or inadequately modeled perils or territories,reinsurers are being more forceful in their demand for greatertransparency of data.”

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