Willis Re’s Vickers: Reinsurance rates will not ‘fall off a cliff’
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Willis Re’s Vickers: Reinsurance rates will not ‘fall off a cliff’

Rachel Dalton, 
Fiona Robertson
01 July 2021
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Willis Re international chairman James Vickers said that the ILS market played a strong role in the Florida renewals, but it was becoming more difficult to judge the overall impact of the sector as more capacity stays behind rated balance sheets.

The broker's First View report on the mid-year renewals highlighted the buoyant cat bond market as an influence that helped cat rate increases to taper off.

But

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