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Latin America sees negative trends in construction sector claims: Willis CEO

December 13, 2013 - 6:00am

Luis Maurette, Latin America chief executive officer of Willis Group Holdings P.L.C., said that 2013 saw "some very negative trends on claims in the market in the construction sector," BNamericas reported.

Mr. Maurette said that during the year, "we have seen the loss ratio going higher than what everyone suspected." He added that "we see a soft market ahead."

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