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Reinsurance Market Remains Stable; Rates Steady, Reports Guy Carpenter
National News • July 1, 2009
Upward pressure on property/catastrophe reinsurance rates in the U.S. eased at the July 1, 2009 renewal, as capacity in the market remained sufficient without being abundant, according to a ...
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| Subject | Posted By | Posted On |
|---|---|---|
| RE: Reinsurance markets stable | Ratemaker | Jul 2, 2009, 7:36 am |
| RE: Reinsurance markets stable-Criminal investigation . | Criminal investigation | Jul 1, 2009, 10:10 pm |
| RE: annual salary of nearly $9 million in 2007. | against your fellow American. | Jul 1, 2009, 9:53 pm |
| annual salary of nearly $9 million in 2007. | covered by the federal governm | Jul 1, 2009, 9:44 pm |
| RE: Reinsurance markets stable - Arrogance is not necessary | David | Jul 1, 2009, 3:02 pm |
| RE: RE: RE: RE: RE: Reinsurance markets stable | Realist | Jul 1, 2009, 2:16 pm |
| RE: RE: RE: RE: Reinsurance markets stable | Confused | Jul 1, 2009, 2:10 pm |
| RE: RE: RE: Reinsurance markets stable | Realist | Jul 1, 2009, 1:55 pm |
| RE: RE: Reinsurance markets stable | Confused | Jul 1, 2009, 1:45 pm |
| RE: Reinsurance markets stable | Realist | Jul 1, 2009, 1:21 pm |
| Reinsurance markets stable | Confused | Jul 1, 2009, 12:49 pm |
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Subject: RE: RE: RE: Reinsurance markets stable
1. The Ins Co must pay reinsurance premiums from profits, if there are any, prior to your suggestion of "they just past them on" spoken like you have no knowledge of what's it's like to run and fund a business. To quote Jimmy Buffet "It just ain't that simple".
2. And the deductibles (or self-insured retentions, if you will) cost the Ins Co. direct monies (profits) if they write the business and have the losses even with reinsurance.
Confused, you must have the ability to think regarding my simple explanation and this is not helped by copping some superior attitude. You must be a Liberal.