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Global Reinsurers Face Pressure To Cut Premium Rates - Fitch
Publication Date: 09/01/2010
Source: Dow Jones News Service
Reinsurance company earnings may come under pressure in the next one or two years as increased competition in the sector drives down the amount they can charge their insurance company clients for cover, and as weaker financial markets make it harder for them to boost investment returns, ratings agency Fitch Ratings said Wednesday.
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