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NU Online News Service, June 21, 3:00 p.m. EDT

The soft market continues to challenge reinsurers, and although 2010 has seen disasters, the events will not be enough to harden pricing, according to a panel of senior reinsurance executives.

At the Casualty Actuarial Society (CAS) Seminar on Reinsurance held recently in New York, CAS said in a statement, George Venuto, executive vice president, Willis Reinsurance, told attendees that trying to place primary casualty insurance is very difficult to do right now.”

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