Katrina to hit all classes
While it is still too early to analyse in detail the effect of Hurricane Katrina on the marine insur...
While it is still too early to analyse in detail the effect of Hurricane Katrina on the marine insurance and reinsurance markets, it is already clear that the storm will exceed the $3bn (£1.65bn) incurred by marine markets from Hurricane Ivan last year.
The speculation stemming from numerous conversations at the Monte Carlo Rendezvous was that, while some reinsurers may not survive the financial impact of Katrina, those that are left will seek to increase pricing and tighten conditions in
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