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      "text": "Despite rate hardening and prior year releases, most segments are loss making, with the exception of Energy and Motor",
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      "text": "Despite rate hardening and prior year releases, most segments are loss making, with the exception of Energy and Motor\nKnown major catastrophe losses in 2018 could be expected to contribute towards this adverse experience on segments such as Reinsurance and Property\nAviation has had material adverse experience. PwC analysis suggests that whilst some rate hardening is expected, exposures in this segment are likely to reduce materially",
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      "text": "Despite the improved rates, most segments in the market continue to be loss making",
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