S&P’s Tracy Benguigui on Industry Pricing Discipline

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In a recent report, broker Willis reported that commercial property insurance buyers could see prices fall from 10 to 20 percent on non-catastrophe risks in 2014 thanks to the influx of alternative capital to the insurance industry, and that catastrophe-exposed risks could see property premiums fall as well. Here, S&P's Tracy Benguigui reacts noting that insurance rates are still rising where they need to.

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