Hurricanes Katrina and Rita will cause premium increases forreinsurance that could be equal to those insurers saw after 9-11,but it remains too early to tell how high they will go, a ratingagency analyst said.

That forecast came from Damien Margarelli during a conferencecall held today by Standard & Poor's concerning theramifications of Hurricanes Katrina and Rita on the insuranceindustry.

In response to a question on premium increases, Mr. Margarellisaid that while it is too early to say for certain how much theincrease will be, past historical events could be an indicator.

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