Filed under: Industry
The first quarter catastrophes weren’t enough to push property-catastrophe reinsurance rates lower. Even though the first quarter was a busy one for catastrophe losses, particularly for global reinsurers, they weren’t sufficient to change the market. As a result, the four regions renewing at April 1, 2010 — the United States, Japan, Latin America and South Korea — ranged from soft to controlled, according to the latest from Guy Carpenter, the reinsurance arm of Marsh & McLennan (MMC). This comes as no surprise, as indications throughout the run-up to the renewal pointed to an orderly process in which there would be enough capital to support the market’s needs.
Continue reading Reinsurance Rates Fall Around the World
Reinsurance Rates Fall Around the World originally appeared on BloggingStocks on Thu, 01 Apr 2010 12:30:00 EST. Please see our terms for use of feeds.

This year, you can expect experienced
Look for big numbers from the property/casualty sector of the
With borrowing costs at their lowest levels since 2004, reinsurers are loading up on corporate debt in part to fund stock buybacks. The latest tally, according to Bloomberg News, is 
