April 30th, 2009

Chart: Japan at 4/1 PA Market Capacity and Pricing

Posted at 12:59 AM ET

japanat4-1paxol

Given its catastrophe characteristics, the pricing of Japanese PA programs is mainly based on earthquake scenarios. Therefore, price developments are correlated with the movement of earthquake aggregates. Rates remained mainly stable, ranging from -5 percent to 5 percent.

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