Some Monte Carlo magic:
MONACO, Sept 14 – Swiss Re will continue to focus on the most profitable business even as prices fall and has no lower limit for the amount of cover it writes, the world’s second-biggest reinsurer’s chief underwriting officer told Reuters.
Munich and Scor said the same thing a couple of days ago. Yet rates are falling. How can this be?
[...] This post was mentioned on Twitter by Reactions, Jim Lynch. Jim Lynch said: Yeah, surre.: Swiss Re takes the discipline pledge http://wp.me/pSIxF-r3 [...]