From:businessinsuranceeinsu≥¥¶✔rance renewals at Jan. 1, 2≥&‌‌020, mainly saw single-digit incr≤"↑eases, with some exceptions, according‍£ to reports by reinsuranc©≤↓e brokers released Thursday.Willis Re≤ , the reinsurance brokerage of Willis Towδ®Ωers Watson PLC, and Guy Carpenter &am ≠∞ p; Co. LLC, a unit of Ma♣Ω₹rsh & McLennan C✘↔os. Inc. both report£ ♥©ed that year-end reinsuraσ≈‌nce renewals varied by account and region, but t‍‌he retrocessional reinsurance was under pres€γ♠sure.Rates on line for proper™β'ty catastrophe reinsurance∞ ™→ programs remained stable and propertφ γy per risk pricing was d™ε₩riven by individual program ♥ ​performance, the Willis report said.Although so↔"me Lloyd’s of London syndicates took firm pos​♠¥∏itions on rate increases and the London marke•ε₹t authorized capacity decreased, that α✔capactiy was replaced by new capital and ₹>∞a strong supply from other markets, Wil ♥lis Re said.U.S. loss-free accounts "§renewed at flat to up 10% while th‍≥✔•ose with losses saw increase$×≈↓s of 10% to 50%, the Willis Re report said, wh$£₹ich was among the largest increases. Proper↔®ty catastrophe accounts without los≥™®₩ses renewed at flat to up 5%, while loss hit‍₩‌ accounts were up 10% to 20%, Willi¶₹≠φs Re said.According to the Guy Carpenter r₽♠eport, the brokerage’s global pr✘₹operty catastrophe rate on line index roγφse 5% in 2019.According to the Willis♣₹>♠ Re report, other larg₽δλ≠e increases were seen in Central " and Eastern Europe, wher€☆e property programs with losses saw increases <>​of 5% to 20%, and Canada,→↓ where such accounts renewed up 10% to 40% '↑.Most other regions and countries saw pr¥™↔operty increases in the siγ±ngle or low double digits, the report said.The Ja☆≠n. 1 renewals saw some “difficu↕ lt” negotiations, according to a lπ♣>δetter in the report from James Kent, global CEO✔φ, Willis Re.The Guy Carpenter repo↓$rt said the reinsurance market was “σ¥₽asymmetrical,” adding “this is certainly not ≤®a one-size-fits-all market” and while o™<verall capacity remained adequate, “allocate↕γ∏d capacity tightened notably in stressed classes♥₩​.”Dedicated reinsurance capital rose 2% ✔±&in 2019 and the year saw approximately $60 σ↑εbillion in global insured catastrophe lo≤↔<→sses, according to Guy Carpenter, which was s♣βignificantly lower than ★β©λ2017 and 2018.Alternative✘§ capital, however, contr•§§acted by approximately 7% percent “as in±&βvestors were more cautious with new inves≈£¥§tments after assessing market dynamics and pβ♣ricing adequacy,” Guy C&↔arpenter said.The retro㧀 cession market “was challenged … by tr☆≈apped capital, a lack of new capital a≈₹nd continued redemptions from third'₩-party capital providers,”♦€ a statement issued with the ₹♣♥Guy Carpenter report sai♠<Ωd.However, significant retroce<‍♣ssion providers returned to theλ© market in the past two weeks, Wi♦γ<↓llis Re said.Organizer：China Insu₹✔βrance Digital & AI↕ε∞  Development 2020Web:http://en.zenseegroup. ÷☆com/p/560573/Contact:Ann 021-65650305