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Reinsurance rate declines to continue: Fitch

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Fitch Ratings Ltd. expects a continued decline in reinsurance prices and further weakening of terms and conditions at the upcoming June and July renewals, reports Artemis.bm.

Fitch said that it sees no end to the challenging conditions that traditional reinsurers have been facing.

The rating agency's has maintained a negative outlook for the global reinsurance sector since early 2014.

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