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Reinsurance rate rise likely to persist

Posted On: Jul. 4, 2019 6:50 AM CST

Analysts at U.S.-based Keefe, Bruyette and Woods, Inc. said that increases in reinsurance rates are likely to persist into 2020 driven by selective underwriting, reports. The analysts said that a lack of retrocession capacity and inflows from the insurance-linked securities fund sector is also expected to drive rates in January 2020.

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