New reports are supporting the notion that while the Japan earthquake and tsunami may not be enough to reverse the soft market, the impact of combined first-quarter catastrophes should improve pricing in some areas.

Consulting firm Towers Watson, with offices in New York and London, says in a report that based on published reports and market estimates, reinsurance rates are expected to increase 20-50 percent for Japan programs. India was expected to see increases in April 1 renewals. Australia and New Zealand should experience increases on their July 1 renewal program.

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