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The capital markets have pushed traditional reinsures out of the driver's seat in setting U.S. catastrophe reinsurance rates, according reinsurance broker Guy Carpenter & Co.
The capital markets have pushed traditional reinsures out of the driver's seat in setting U.S. catastrophe reinsurance rates, according reinsurance broker Guy Carpenter & Co.
The crash of Asiana Flight 214 in San Francisco should not impact aviation insurance rates, which means the soft market should continue unabated, say experts.
Reported premium in the Non-Admitted Insurance Multi-State Agreement exceeds more than $500 million in the year since the Surplus Lines Clearinghouse became operational a year ago, NIMA Inc. reported Tuesday.
Reported premium in the Non-Admitted Insurance Multi-State Agreement exceeds more than $500 million in the year since the Surplus Lines Clearinghouse became operational a year ago, NIMA Inc. reported Tuesday.
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