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Liability Risk and Insurance

PwC identify change of business mix

A survey by PricewaterhouseCoopers shows that, post-11 September 2001, more than half the insurers in the London market have modified their business mix. Many are withdrawing from US casualty, and others scaling back on US property, aviation and professional indemnity. Some 80% reported that rates had risen on average by more than 20%.

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