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via reinsurancene.wsBusiness & Companies

JP Morgan expects double-digit property cat reinsurance price declines

FROM THE WIRE · REINSURANCENE.WS

JP Morgan, the US-based global investment bank and financial services company, expects double-digit price declines in property catastrophe reinsurance to

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MARKET IMPACTNEUTRAL✦ News Impact agent estimateTone: expected bearishLower reinsurance prices affect margins across the insurance sector.AI-generated summary
✦ IN BRIEF · AIAI-generated summary
  1. 01JP Morgan expects double-digit price declines in property catastrophe reinsurance.
  2. 02The decline is likely to persist.
  3. 03The outlook concerns the global reinsurance market.

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