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Best’s News & Research Service subscription required - April 23, 2014 12:18 PM (EDT)

William R. Berkley Sees 'Substantial Consolidation' of 'Billion-Dollar Club' Reinsurers

There is likely to be "substantial consolidation" of reinsurance companies with about $1 billion of capital, as the market remains competitive and is saturated with nontraditional capacity, said . . .

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