Tough conditions for EMEA commercial markets, Marsh warns
Insurance rates for businesses with exposure to natural catastrophe and supply chain risks are expected to keep increasing in 2012 across Europe, the Middle East and Africa, according to a report published today by Marsh.
Substantial catastrophe losses and reduced investment returns prompted many insurers to seek rate increases in 2011, said the broker in its annual EMEA market report.
Marsh expects rate reductions for
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