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Latin America leads in global insurance price falls: Marsh

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Marsh L.L.C. has said in a report that the Latin American region is leading a fall in insurance prices globally, reported BNamericas.

A 2.8% year-on-year decrease has been reported in global insurance prices for the third quarter of 2014 and prices in Latin America fell the most. Property insurance rates in the region declined 8.1%, while casualty prices declined 2.7%.

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