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Global insurance rates firming 'slowed in Q4', says Marsh

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Global insurance rates continued to firm in the last quarter of 2012, but at a slower rate than in the previous quarter, according to Marsh's global market briefing.

Figures published in Marsh's Global Insurance Market Quarterly Briefing show that the average rate change at renewal increased 1.2% in the fourth quarter, compared with 1.4% in the third quarter.

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