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Soft market persists for US P/C business
07 July 2010
Ahead of mid-year reinsurance treaty renewals, rates for US property/casualty business continued to decline, according to MarketScout.
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treaty renewals
P/C
MarketScout
Richard Kerr
property/casualty
Ahead of mid-year reinsurance treaty renewals, rates for US property/casualty business continued to decline, according to MarketScout.MarketScout’s June 2010 composite property and casualty rate index revealed that overall rates were down 3% as compared to the same time one year ago.“Halfway through 2010, it...
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