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Reinsurance terrorism market softening, claims Guy Carpenter

Terrorism map

The terrorism market for reinsurance is softening, according to a report by Guy Carpenter, which claimed greater capacity and an absence of major terrorist-related losses has led to an increase in competition.

The findings follow a recent spike in terrorist activity in certain parts of the world, yet the reinsurance broker has identified a softening of the market in areas with less perceived risk.

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