From:businessinsuranceeinsurance renewa‍φ∞ls at Jan. 1, 2020, main£☆•ly saw single-digit increases,↓↔ with some exceptions, according to reports byσ✘™' reinsurance brokers released Thursday.Williπ"✘s Re, the reinsurance brokerage of Willis Tower<♣s Watson PLC, and Guy Carpenter & Co. LL∑∞C, a unit of Marsh & McLennan Cos. Inc. boδ¶∞th reported that year-end reinsurance re→σnewals varied by account and φ↕‍region, but the retrocessional reinsurλ±≠₽ance was under pressure.Rates on line for'σ  property catastrophe reinsurance programs remaiΩ≤₩ned stable and propertyλ∞ε" per risk pricing was dr‍ "×iven by individual program performance, the Willi  s report said.Although so↔​¶me Lloyd’s of London syndicates§σ≠∞ took firm positions on rate increases and the ∏> ®London market authorized capacitα"y decreased, that capact∑→&iy was replaced by new c£​apital and a strong supply from ←&δ♦other markets, Willis Re  δsaid.U.S. loss-free acβ‌≈counts renewed at flat to ↕•σ¥up 10% while those with losses saw i≤§ncreases of 10% to 50®↓%, the Willis Re report ∞λsaid, which was among the largest inδ€creases. Property catastrophe accounts without ">Ω•losses renewed at flat to up 5%,±±  while loss hit accou§÷©nts were up 10% to 20%, Willis Re saφ↕©✔id.According to the Guy Carpenter report,'←©∞ the brokerage’s global property ca§ γ✘tastrophe rate on line index rose 5% in 2019.Acc®λ≠₩ording to the Willis Re report, other laβ→☆>rge increases were seen in γ÷Central and Eastern Europe, "  where property progr ♥ams with losses saw increase✔™s of 5% to 20%, and Canada, where suc&$h accounts renewed up 10% to 40%.Mo→♦st other regions and countries saw propert×& y increases in the singl♠<e or low double digits, the reπ"port said.The Jan. 1 renewals saw some♦↔↑ “difficult” negotiations, according to a lett✘σ $er in the report from James Kent, global CEO§€☆β, Willis Re.The Guy Carpenter report said™÷≠  the reinsurance market was “asymmetrical,”>✘ adding “this is cer♠★tainly not a one-siz"♣e-fits-all market” and while overall capaci↓✘ty remained adequate, “alloca©♠ §ted capacity tightened no&δ&tably in stressed classes.”D​↕∏edicated reinsurance ca →pital rose 2% in 2019 and the year sawβ→ approximately $60 billion in global insured c‌δatastrophe losses, according to Guy Carp∑★enter, which was signi≈ ₹∞ficantly lower than 2017 and 2018.Alternative capΩ←✘ital, however, contracted b↑‍y approximately 7% percent “as investors w≠σ÷ere more cautious with new investments afte‍$r assessing market dynam'☆φics and pricing adequacy,” Guy Caπ ® rpenter said.The retrocession market “was c× ∏$hallenged … by trapped capital, a lac&®÷¥k of new capital and conti∑₹nued redemptions from thir®®"d-party capital providers,” a statem'★ent issued with the Guy Carpenter ε₽report said.However, significant retrocession'¶ providers returned to the marke♥☆‍t in the past two weeks, Wi ​llis Re said.Organizer：Chinaα™ Insurance Digital & AI Development 2020W‍'≥×eb:http://en.zenseegro¶ ∞£up.com/p/560573/Contact:Ann  σ021-65650305