Gallagher Re: Calmer casualty market but US PL QS cedes pressured down
The casualty treaty renewal at 1 January was a calmer affair than in property cat with “tough but fair” terms for buyers, but US professional lines quota share cede commissions were down 1 to 2.5 points, offsetting many of the increases cedants achieved over the last two years, according to Gallagher Re.