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Steamship kicks off renewal round with 7.5% rate hike

Marine mutual confirms $51m loss on investments in current policy year, although most of it remains unrealised

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Other clubs are set to reveal their 2023 pricing decisions in the weeks ahead. All this is taking place against the backdrop of recent downturns in fixed income and equity markets, which has led to a steady decline in investment returns on free reserves

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    This copy is for your personal, non-commercial use. For high-quality copies or electronic reprints for distribution to colleagues or customers, please call UK support at +44 (0)20 3377 3996 / APAC support at +65 6508 2430

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