Reinsurance pricing won't turn this year, says Fitch

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Reinsurance pricing is unlikely to change its course over the next year, with soft market conditions expected to continue and further pricing declines anticipated, according to Fitch Ratings.

In the Global Reinsurers: 2017 Forecast and 2016 Results Fitch reported only slight premium growth in 2017, as market conditions remain soft.

The ratings agency forecasts the underlying accident-year

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