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AIR Worldwide has announced a new service to assess insurance-to-value (ITV) of U.S. residential property portfolios for reinsurance contract renewals. Available for insurers, reinsurers, and brokers, the service draws upon AIR’s expertise in property valuation and its extensive residential property database to estimate the replacement value of properties within a portfolio. A more accurate assessment of insurance-to-value will enable insurers and reinsurers to make better reinsurance decisions and improve their overall catastrophe risk management.

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