APAC 1.1 renewals got done ‘for right rates on right terms’
08 – 01 – 2024
Wang Wei – Chief Executive – Rare Earth Insurance Partners
InsuranceAsia News
With most deals after January 1, 2024 renewals now being closed, APAC saw more capacity coming in and cedents on the cat side got their programs renewed within 0-5% increases for non-loss and up to 25-30% corrections on loss-affected accounts.
As reported by InsuranceAsia News, Wang Wei, Chief Executive of Rare Earth Insurance Partners shares his perspective:
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