The biggest concerns for insurance buyers in 2007 continue to beunpredictable pricing and a lack of competition for somecatastrophe risks, a Marsh executive advised.

Duncan C Ellis, managing director, property and internationalpractice with Marsh in New York, made his comments earlier thisweek during a Web seminar titled, “Preparing for the 2007 HurricaneSeason & Insurance-Market Update.”

Mr. Ellis said that during the renewal process, buyers withcatastrophe exposures have faced restrictions in terms andconditions, reduced capacity, increased pricing and increasedretentions.

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