Katrina to lift rates across the globe while TRIA renewal looks certain

Capital delugeMore than a month after Hurricane Katrina hoved into view over the Gulf Coast of America, the reinsurance market is still ringing like a bell from the effects.Our latest Rethink results have dredged up a wide range of opinions from our readers, ranging from the obvious to the subtle.The biggest visible impact to the market so far (apart from the more accurate but constantly upward-moving estimates on the damage inflicted) has been a torrent of cash in the form of new capital ra