The era of low-property insurance rates is over. The national reinsurer General Insurance Corporation (GIC Re) has raised the cost of reinsurance cover on the grounds that it does not want to pay for the excesses of non-life insurers.
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The era of low-property insurance rates is over. The national reinsurer General Insurance Corporation (GIC Re) has raised the cost of reinsurance cover on the grounds that it does not want to pay for the excesses of non-life insurers.
More...