Analysts expect double-digit rate rises after HIM

Analysts are forecasting double-digit rate increases in US
property catastrophe business following the combined losses from
hurricanes Harvey, Irma and Maria and the two Mexican
earthquakes.
Morgan Stanley analyst Kai Pan estimated combined Q3 industry
losses could surpass $100bn.
A confluence of factors - including the significant impact to
earnings and industry capital, the current low level of P&C
pricing and the potential lock-up of alternative capital - could
mean double-digit rate incr