Reinsurance prices to rise this year: Peel Hunt

U.K.-based consultancy firm Peel Hunt L.L.P. said that reinsurance prices would rise this year, driven by factors related to increasing claim volumes and waning profits, Artemis.bm reports. Analysts at Peel Hunt said that insurance-linked securities funds sought rate increases at the January renewals and are likely to continue to achieve higher prices this year.

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