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Underwriting equation gets too little attention

Source: Asia Insurance Review | Apr 2013

Mr Grant Robson of Berkley Re Asia Pacific says the reinsurance industry has hardly addressed the need for underwriting returns, with lines most exposed to lower investment returns showing little price change. But as profits go down at a time when bottom line support from reserve releases is running low, reinsurers will face a growing pressure to push rates up. By Manuelita Contreras

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