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Tax Reform Bill Would Impose Excise Penalty on Global Reinsurers

by R.J. Lehmann
Nov 9, 2017
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originally published in A.M. Best
From A.M. Best:

The timing of the tax penalty is unfortunate, said R Street Senior Fellow R.J. Lehmann.

‘The reinsurance rates are already going up,’ Lehmann told Best’s News Service. ‘We anticipate companies will be paying 25% more because of the impacts of the storms and the wildfires.’

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