From:businessinsuranceeinsurance  ≈↑≤renewals at Jan. 1, 202≥¥δ♥0, mainly saw single-d↓λigit increases, with some exceptions, accordinβ€★ g to reports by rein≈↑♠♠surance brokers released Thursda>×γy.Willis Re, the reinsurance brok'‌erage of Willis Towers Watson PLC, and Guy Carpenλλ±ter & Co. LLC, a unit o→♥←f Marsh & McLennan Cos. Inc. bot±γ€∏h reported that year-end reinsurance rene​π£wals varied by accou∏•€✘nt and region, but the retroc ↓essional reinsurance≈☆‍ was under pressure.Rates on line for property c≠♣↓atastrophe reinsurance pro>₩♣grams remained stable and property per risk priciβ✔<♥ng was driven by individual program performance,♠♥ the Willis report said.Although →®some Lloyd’s of London syndica$γtes took firm positions on rate increases and th₩♠σe London market autho•♦$rized capacity decreased≠♣, that capactiy was repla¥♦ced by new capital and a strong suppl ↔'y from other markets, Willis ♠σδRe said.U.S. loss-free accounts renewed at flat→←★ to up 10% while those with losses saw incrΩ∞eases of 10% to 50%, ↔ the Willis Re report said, which was among t→®λ≈he largest increases. Property cat₩δ£÷astrophe accounts without losses renewed at fl​÷©at to up 5%, while loss hit acc ✘​←ounts were up 10% to 20%, Willis Re said ↕Ω.According to the Guy Carpente‌✘☆r report, the brokerage’s ↕× global property catastrophe rate on line in€δ≤dex rose 5% in 2019.According to the W§<illis Re report, other large₹÷↔  increases were seen in Central a∑₹☆nd Eastern Europe, where property prπ↑↓ograms with losses saw increases of 5% to ÷≥↓20%, and Canada, where s<✘←uch accounts renewed up 10% to 40™γ♦×%.Most other regions and countri₽<es saw property increases in the single or low d↑↔ouble digits, the report said.The π$≤↑Jan. 1 renewals saw some “dα®εifficult” negotiations, ←₹™ according to a letter in the r"λ∞eport from James Kent, glo₹≠§€bal CEO, Willis Re.The Guy Carp↕∞σenter report said the reinsurance market wasπ€ “asymmetrical,” adding “th £πis is certainly not a one♥σ-size-fits-all market” and while overalφ‌λ←l capacity remained adequate, “allocat✔★↓ed capacity tightened notably in stressed classes>≈★ .”Dedicated reinsuranc ¥♥e capital rose 2% in 2019 and the yeλ♥Ωar saw approximately $60 bill♦£•Ωion in global insured catastrophe lo€≠'σsses, according to Guy ☆§§ Carpenter, which was signific×δ÷antly lower than 2017 and 2018.Alter→γnative capital, however, contracte​​≤πd by approximately 7% percent “as investor★✘s were more cautious with new invest™£ ments after assessing ma•‍€rket dynamics and pricing ade"₩quacy,” Guy Carpenter said.The r↑₩∑etrocession market “was ch​∑™allenged … by trapped ' capital, a lack of new capital and co€←ntinued redemptions from thir←↕d-party capital providers, ←<₹” a statement issued with the Guy Carpenter ₽£report said.However, significant retroφ"¶€cession providers returned to the market i×‍✘&n the past two weeks, Willis'  Re said.Organizer：China Insurance Di♦αgital & AI Development 2020Web:http://eλγn.zenseegroup.com/p/560573•♣ '/Contact:Ann 021-65650305