Opinion: Looking to 1.1

Yesterday, Bernstein Research was one of the first to come out
publicly with an estimate for US property catastrophe rate
increases after Harvey and Irma.
Analyst Thomas Seidl expectsjust a 4 to 5 percent uptick in rates, driven by a drop in the
amount of available alternative capital by the time 1 January
swings round.
The earnings impact of Irma and Harvey seems well within the
modelled range and in itself would not justify a material rate
increase, he...