Lower reinsurance prices not resulting in lower premiums
by Ted Carter Published: May 2,2011
Tags: insurance, Matt Wulf, premiums, RAA, rates, reinsurance, Reinsurance Association of America
Many insurance companies using discounted reinsurance rates to increase exposure to risks Insurance companies in the United States have been acquiring reinsurance at bargain prices the last few years, giving themselves a hedge against claims from a catastrophic event. So why haven’t policyholders seen a decline in premiums? Because price is but one element of the [...] [...]
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