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Marsh expects rate reductions for direct property risks to become less frequent in 2012 as underwriters continue to push for rises or restrict limits on accounts with significant losses or catastrophe exposures.

The expectation is laid out as part of the broker's latest report, Navigating the Risk and Insurance Landscape: Europe, Middle East and Africa Insurance Market Report 2012.
The report adds that Insurance rates for businesses with exposure to natural catastrophe risk and supply chain perils are expected to...

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