Guy Carpenter Managing Director Kevin Stokes provides a forecast of events leading up to the July 1 renewals for property catastrophe reinsurance. The first quarter loss events will likely not have a major impact on pricing. He also reviews the 2010 Guy Carpenter storm forecast.
Guy Carpenter Managing Director Kevin Stokes reviews key issues and developments around the Florida market for property reinsurance. He offers early predictions of the June 1, 2010 renewal season.
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Guy Carpenter Managing Director Kevin Stokes reviews global capacity and pricing developments in this very individual risk oriented business.
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Guy Carpenter Managing Director Kevin Stokes looks at the April 1 and mid-year 2010 renewal trends for the per risk property market for reinsurance.
Kevin Stokes, Managing Director
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Florida property-catastrophe risk-adjusted pricing is expected to decline by about 15 percent on average at June 1, 2008 renewals. A competitive reinsurance market and the absence of major insured losses are driving this trend. While disasters are not in short supply, none has had a market-changing impact.
