Le jeudi 12 avril 2012
Unprecedented year of losses presents lessons
Disruption from unprecedented natural catastrophes and continuing jitters in the financial markets have presented two lessons for p&c insurers, the ceo of Swiss Re Canada says.
Disruption from unprecedented natural catastrophes and continuing jitters in the financial markets have presented two lessons for p&c insurers, the ceo of Swiss Re Canada says.
“Firstly, while some might gasp with horror at the estimated US$108bn in nat cat related claims paid out globally last year the fact remains that worldwide economic losses from man-made and natural catastrophes are skyrocketing,” Sharon Ludlow said at the company’s annual breakfast held late last month in Toronto.
To read the full story, please go to http://www.thompsonsnews.com/story.asp?story=1597
Industry news is provided by Canadian Insurance Magazine. Visit their website at www.cdnins.com
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