Catastrophe rates on the rise as insurers look to recoup losses
Catastrophe rates are on the rise as insurers attempt to recoup heavy losses, however, non-catastrophe accounts with good loss experience remain highly sought after, according to a Marsh report published today.
The ‘Approach Your Risk with Clear Direction: 2011 EMEA Insurance Market Midyear Update' claims that in some areas rates have increased and insurers have tightened their policy terms and conditions in
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