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Commercial insurance prices to flatten: Howden


David Howden, chief executive of U.K.-based Howden Broking Group Ltd., said that commercial insurance prices should level off this year as the supply of insurance and reinsurance recovers after the period of inflation, war and wild weather pushed up prices, The Financial Times reported. He added that there hah been a shortage of new capital coming into the market and predicted that more would come from areas such as insurance-linked securities.

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