NU Online News Service, Dec. 23, 11:19 a.m. EST
As the year comes to a close, Marsh issued a report saying current insurance rates are on a two-speed track, with loss affected accounts experiencing steep increases while good risks can still benefit from decreases on renewal.
In its “Global Insurance Market Quarterly Briefing, Fourth Quarter 2011” report, published yesterday, insurance broker Marsh says in most “loss-affected geographies and classes of business” rates were on the rise during the fourth quarter.
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