European retentions should have risen 22% since 2017: JP Morgan
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European retentions should have risen 22% since 2017: JP Morgan

US Currency: Wads of US bills fastened with rubber bands, close-up

Retentions on European property cat treaties would have risen by 22% in the past five years if they had kept pace with inflation, but many have remained static, according to a JP Morgan report.

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