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Willis: surplus marine insurance capacity “defies logic”

From Insurance Daily
Tuesday, 30th November 2010 9:55 am

Willis has suggested that the surplus capacity in the marine insurance market “defies logic”. According to the broker, insurers are queuing up to enter an already crowded line of business where rates are continuing to fall and there is little profit to be made. However, in its latest review of the marine market Willis explains that the [...]

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