Aon’s Marcell expects “broadly flat” 1.1 pricing with supply “at least in balance with demand”

The 1.1 reinsurance renewals should see “broadly flat” pricing globally as capital supply is now at least in balance with demand, Aon’s Andy Marcell has suggested, while Howden Tiger’s Wade Gulbransen has said “supply will outstrip demand in terms of cat capacity excess of the 1-in-15-year return time”.