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Submissions for January reinsurance renewals delayed

Posted On: Dec. 21, 2016 5:00 AM CST

Analysts at U.S.-based investment banking firm Keefe, Bruyette & Woods Inc. have said that submissions for Jan. 1, 2017 reinsurance renewals are taking longer to come to market and close, resulting in a more delayed renewals, reported. The analysts expect prices will decline at the January renewal, but they do see increasing signs of the floor approaching.

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