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International

Property cat rate to be flat at Jan. 1 renewals: JMP Securities

December 18, 2019 Reprints

Analysts at U.S.-based investment banking firm JMP Securities LLC expect property catastrophe reinsurance rates to be flat at the Jan. 1 renewals, Artemis reports. The analysts said that while property/casualty lines of business are seeing rate hikes, primary insurance and retrocession are experiencing the largest rate increases.

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Property cat rate to be flat at Jan. 1 renewals: JMP Securities

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