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Insurance Competition Remains

posted 143 weeks ago on Specialty Insurance Blog

Discussions on the potential for a hardening insurance market have pointed to cat property as one area that is leading the way to a tighter insurance market, with increasing pricing. Following our prior post (see here) on the soft insurance market, Business Insurance noted that the reinsurance market is not hardening as fast as some had predicted (hoped?). The article (see here) observed that US cat property renewal rates increased approximately 15% at 7/1, but other territories saw more moderate...
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