Discounts out there on 1/4 hull renewals, insurance sources confirm
- Brokers and underwriters agree that H&M pricing is softening. But is that a good thing?
- Lower premiums there to be had, but owners shouldn’t take other people’s quotes as benchmark
- New capacity depressing rates
‘The reality is this: if you’re an incumbent market, you want to maintain your book. You’re probably under pressure from management to grow that book,’ says Willis’s Lockwood
