Reinsurance rates to inch higher: Deutsche Bank

Analysts at Germany-based Deutsche Bank A.G said that that reinsurance rates are expected to rise up to 3% at this month's renewals and are likely to decline throughout 2019, Artemis.bm reports. The analysts said that the reinsurance price increases at this year's renewals are insufficient to cover reinsurers' catastrophe-related losses. The insurance-linked securities market and reinsurers with diversification strategies are likely to influence reinsurance pricing, the analysts added.

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