Corporate insurance buyers paid lower premiums in the third quarter overall, but post-Katrina and Rita property renewals are up as much as 20 percent, according to a survey of risk managers released today.

The bulk of renewals reported in the Risk and Insurance Management Society's Benchmark Survey had secured pricing before the impact of the hurricanes hit the market, according to RIMS.

The survey is produced by Advisen, Ltd., which collects and analyzes the data and provides the technology infrastructure for the survey's online services.

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