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1 September 2012 Reinsurance

Is the market flat-lining?

The lack of a significant natural—or man-made—catastrophe in 2012 so far could prove to be a double-edged sword for reinsurers. On the one hand, a quiet year is enabling them to rebuild profi ts and recover from last year’s record losses. But it also means it is tougher to justify rate increases—something cedants are acutely aware of.

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