Reinsurers set to cause rate rises

With many insurers currently negotiating their reinsurance contracts that are due 31 December this year, we all all bracing ourselves for large rate hikes as Australians are expected to pay for some of the consequences of our natural disasters and the subsequent claims.

Fortunately there is still alot of competition for business, but what effect will this have.

Read more from InsuranceNews.com.au here about this

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