NU Online News Service, March 16, 3:13 p.m. EST
A question similar to one that followed the New Zealand earthquake earlier this year now follows the magnitude 9.0 Tohoku earthquake: Will this event be the one to harden rates?
Not by itself, but the Tohoku quake, when combined with the New Zealand earthquake, Australian floods, Cyclone Yasi and U.S. winter storms, could at the very least stabilize reinsurance pricing, according to Moody’s.
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