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International

Insurance pricing to decelerate, analysts predict

April 26, 2021 Reprints

Analysts at Willis Towers Watson PLC said that property insurance and reinsurance pricing increases are set decelerate in the coming months, Reinsurance News reported. According to the analysts, property rate hikes have not been as sharp as predicted but the severity of insured and reinsured losses is likely to maintain pressure on the pricing for the rest of the year.

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Insurance pricing to decelerate, analysts predict

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