Willis Re says reinsurance rates to keep falling, sees more M&A

April 1, 2015 8:46 AM

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LONDON, April 1 (Reuters) - Broker Willis Re said reinsurance rates are likely to keep falling, fuelling yet more mergers and acquisitions within the sector as firms scramble to make "major changes" to their strategies and business models.

The 1st April 2015 renewals season, when prices are negotiated, had reinforced current trends and the market continued to favour the buyer, Willis said in its latest 1st View report.

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