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Marine rates hardening in US, Middle East and Singapore

Marine insurance rates are perceivably hardening as the impact of the Lloyd’s crackdown on lossmaking syndicates manifests itself in other markets, according to the latest energy newsletter from Lloyd & Partners

‘Ultimately from a broker’s standpoint, the market would seem to be — from a geographic standpoint — equalising and calming, albeit into a more consistent, harder environment,’ says leading wholesale broker

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