The high watermark for property-catastrophe reinsurance pricing was midyear 2006, experts agree, predicting that prices won’t reach those levels this year.

“There is still capacity for national business as well as all the regions,” said Charles Hewitt, executive vice president in the Boston office of London-based Benfield Group. The tightest areas are the Northeast and Florida, but it looks like the equilibrium price point in those peak zones is about the April 1, 2006 level, he said.

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