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Disasters costing $100 billion begin to lift insurance rates

Source(s): Bloomberg LP
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“The market is turning,” said Chris Johnson, senior vice president of commercial insurer FM Global in a report by Noah Buhayar for Bloomberg. “If you look at reserves, if you look at every indicator for the industry, we have no slack left,” he said in an interview. “The only way to start turning the corner is for rates to rise.”

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Document links last validated on: 16 July 2021

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Themes Insurance and risk transfer
Country and region Chile Japan New Zealand United States of America
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