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Inflation could ‘dominate’ insurance, reinsurance industry: PwC


Jim Bichard, global insurance leader at PricewaterhouseCoopers LLP, warned that inflation could “absolutely dominate” the insurance and reinsurance industry in the near future, Reinsurance News reported. A combination of geopolitical, climate change and supply chain challenges are only going to worsen the situation and could drive the reinsurance and retrocession industry to further increase rates at the upcoming renewals season capital.


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