NU Online News Service, Nov. 18, 11:16 a.m.EST
Marine insurers face a stormy market, battered by declines intrade, expansion of piracy, stalled capital markets and lowerinvestment returns, an insurance brokerage reports.
According to the analysis by Willis Group Holdings, for clientswith good loss records, rate increases have been minimal in mostmarine classes as values for insured assets have fallen.
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