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Rate cuts in US hurricane and US EQ: Aon Benfield

31 December 2009

An Aon Benfield report released today highlights that insurer and reinsurer capital increased greatly from the lows experienced in March 2009, and that the January 1 catastrophe reinsurance renewals were focused on rate decreases in the market’s peak zones of US hurricane and US earthquake.

Read more: aon benfield reinsurance renewals

An Aon Benfield report released today, called Remarkable Recovery, highlights that insurer and reinsurer capital increased greatly from the lows experienced in March 2009, and that the January 1 catastrophe reinsurance renewals were focused on rate decreases in the market’s peak zones of US hurricane and US earthquake. 

Rate on line (ROL) decreases were in line with Aon Benfield’s “light” catastrophe season scenario published in September 2009, which stated that rate decreases for these perils, adjusted for...


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Poll

Catastrophe bond issuance was $4.3bn in 2011. How much new issuance will there be in 2012?

Less than $3bn
0%
$3bn-$4bn
44%
$4bn-$5bn
22%
$5bn-$6bn
11%
$6bn-$7bn
22%
More than $7bn
0%