Comments on premium rates show the dangers of underpricing in the market
Tony Cornell makes some valid and highly pertinent comments about the nature of the market today ('V...
Tony Cornell makes some valid and highly pertinent comments about the nature of the market today ('Vantage Points', Professional Broking, February 2006).
Premium rates have risen a lot in recent years. However, this has been the case because of underpricing over much of the 1990s, coupled with major market events, such as the 11 September attacks.
While there may be some price correction going on in rates, long-term discounts of the magnitude he describes - namely of up to 30% - are, simply
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