NU Online News Service, April 5, 3:07 p.m. EDT
With plenty of capital still in the pipelines, no industrywide price increase is expected from Japan's Tohoku earthquake, and any talk about a hard market is being greeted with skepticism, according to a financial analyst.
In an analyst's note from Deutsche Bank Securities Inc., Joshua Shanker says no price uptick is expected following the March 11 earthquake. “The industry continues to generate more capital than it is losing from catastrophes.”
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