Insight and Intelligence on the Global Facultative Markets

5 February 2012

Extreme exposures

14 June 2010

Dear Reader,

Are they ever going to stop? I thought the claims experience in the first quarter was bad enough given Windstorm Xynthia and the Chilean earthquake - losses which now look like they will easily cost the industry in the region of at least $11bn if we take conservative estimates of an $8bn loss for Chile and a $3bn loss for Xynthia.

Yet, the second quarter has also served up some truly horrible man-made losses in the form of...

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