Willis Re 1st View, January 1, 2018 : extreme weather - calm market
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<subfield code="a">With the recent catastrophe loss estimates in the region of US$136 billion, 2017 is proving to be one of the worst loss years on record for the global (re)insurance market. The common perception that the overall 1 January rating environment has been disappointing for reinsurers needs to be balanced against the aptitude of the market to provide buyers with stability of capacity at reasonable prices with an orderly renewal process that demonstrates the growing advancement of the market</subfield>
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