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Asia-Pacific catastrophe limit grows

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Total Asia-Pacific catastrophe limit purchased in 2013 increased for the tenth year in a row, but did not keep pace with strong GDP growth in the region, according to a new report from Guy Carpenter.

According to the report, "with excess capacity returning to the market in 2013, reinsurance buyers in the Asia-Pacific region were able to secure greater value at renewal, although with recent losses

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