Baden-Baden 2001: Loss and Luxury. (Insurance Executive).

Risk & Insurance | January 1, 2002| | Copyright

In the second of a two-part report on the recent reinsurer meetings in Baden-Baden, our EU correspondent finds that attendees view high reinsurer ratings as something of a luxury in the post-September 11 climate-- while a tight retrocessional market looms as an ongoing problem.

When the insurance and reinsurance industry assembled for its annual Rendez-Vous in Monte Carlo in the fateful second week of last September, there was already consensus that the 2000 rate hikes were only a beginning. The unanswered question was how much more the market would harden for the ...

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