Guy Carp puts 1.1 cat rate reductions at 5%-15%, with ILS capital up 7%
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Guy Carp puts 1.1 cat rate reductions at 5%-15%, with ILS capital up 7%

The broker estimated ILS capital has reached $107bn.

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Property catastrophe rates on loss-free business fell by 5%-15% at 1 January renewals, as demand grew more slowly than reinsurer appetite, Guy Carpenter said.

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