Reinsurers set to profit from rising rates despite string of disasters
10th May 2011You would be forgiven for thinking that the recent spate of catastrophes and natural disasters had left re/insurers sobbing quietly as they contemplated the prospects of an unprofitable year in 2011. That’s not the case though, as recent quarterly reports have shown many re/insurers predicting the return of rising reinsurance rates this summer.
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