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International

Global insurance rates to be hardest in years: Wells Fargo

May 25, 2020 Reprints

Analysts at U.S.-based Wells Fargo Securities LLC expect the global property/casualty insurance and reinsurance market conditions to be the hardest seen in many years due to COVID-19 related claims, Artemis reported. Reinsurance rates are expected to continue hardening which could spur new reinsurers to start operations.

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Global insurance rates to be hardest in years: Wells Fargo

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