NU Online News Service, Jan.12, 10:00 a.m. EST
NEW YORK CITY–Pricing in the soft commercial insurance market won't turn around for another two years, at least, thanks to a variety of factors, the head of Arch Worldwide Insurance Group predicts.
Issues such as low reserve margins causing reduced cash flow, inflation fears, insured exposure risks and declining margins could keep the market where it is for a while.
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