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International

Inflation, economic uncertainty may push up reinsurance premiums

February 28, 2023 Reprints

Inflation and economic uncertainties are expected to push reinsurance premiums for insurers in India by up to 15% at the upcoming renewal of insurance contracts in March, Times Now reported citing ET Now. Meanwhile, property insurance sector is likely to see reinsurance premiums rise by as much as 30%. Negotiations at this year's renewals are going hard as reinsurance rates have climbed globally.

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Inflation, economic uncertainty may push up reinsurance premiums

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