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International

Commercial insurance rates continue to rise in Australia

August 24, 2021 Reprints

A report by Marsh LLC said that insurance rates in Australia continued to increase in the first half of the year, Asia Insurance Review reported. While increased number of cyberattacks have driven cyber insurance premium hikes, capacity tightening for certain high hazard industries has pushed the casualty premiums up.

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Commercial insurance rates continue to rise in Australia

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