Florida property catastrophe reinsurance rates decline
NEW YORK—Reinsurance rates for June 1 renewals of catastrophe-exposed
property have declined up to 15% due largely to ample capacity,
according to separate reports issued Tuesday.
According to New
York-based Guy Carpenter & Co. L.L.C., average property catastrophe
reinsurance quotes for Florida programs renewing June 1 fell 5% to 7%
from …
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