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The ample capacity and competition that helped temper firming of U.S. commercial insurance rates in 2013 is expected to continue into 2014, barring higher than expected catastrophe losses, according to a new comprehensive report published by Marsh.

U.S. commercial property insurance prices stabilized for many organizations in 2013 as a significant surplus of capital among insurers and reinsurers kept competition high, Marsh said in its U.S. insurance market report for 2014.

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