Guy Carpenter: reinsurance market has excess capital of $19bn
For the second consecutive year, global reinsurance property catastrophe rates for most lines of business will decline at the 1 January 2011 renewals, according to a new report published by Guy Carpenter & Company.
It found the catastrophe rate on line index dropped 7.5 percent in 2010, as moderate loss activity, high levels of industry surplus and other factors contributed to the decrease. Structures did not
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