Florida P&C pricing expected to be down 15% - Guy Carpenter
Florida property catastrophe pricing is expected to decline by about 15% at the June 1 renewals, according to a report by Guy Carpenter, the reinsurance broking arm of Marsh & McLennan.
“The main factors driving the decline in rates at June 1, 2008 renewals period are a competitive reinsurance market and the absence of any major insured losses,” said Kevin Stokes, Global Head of Guy
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