Martin South, president and chief executive officer at Marsh LLC, said that buyers in the insurance and reinsurance markets are weary after 18 consecutive quarters of rate increases, Reinsurance News reported. Although price hikes broadly decelerated by two points in the last quarter, and a further two points in this quarter, there are still ongoing hikes in cyber lines, and further modest rate increases in geographies such as Latin America.
Texas Blues faces $900 million hospital demand in contract dispute
