As reinsurers claim they cannot afford further price cuts in the year-end renewal, the boss of Allianz Re, which handles the reinsurance strategy of the Allianz Group, has stated he will not seek further rate reductions and is interested only in stable, sustainable pricing.
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Allianz Re, UK, Amer Ahmed, Insurance, Reinsurance, ILS, Risk management, Monte Carlo Rendez-Vous 2016