Insurance companies need to take a close look at CAT modeling and geographic exposure. Although insurance companies have come a long way since 9-11, they still need to visit and revisit once again how they are using CAT modeling.
More Quotes from Donald Light:
The industry weathered Katrina, but if Rita comes ashore as a Category 4 or 5 storm, it would cast doubt on the solvency of some insurance companies and deplete the surplus capital for others.Donald Light
From the viewpoint of mass tort law firms, this is a gift from heaven a huge number of people who have suffered terrible losses, with 24X7 media exposure,
Donald Light
Brokers and carriers have to make sure the right disclosures were made by the right people at the right time-and that they can document it.
Donald Light
Unless prosecutors win the cooperation-through whatever means of the people below Buffett and Greenberg, it is unlikely that their reach will extend to them.
Donald Light
The big legal question mark over the company has been resolved. But there are a number of private law suits still out there.
Donald Light
Both companies are dedicated to advancing to a broader array of investment products. This merger will give them bulk and more marketing channels.
Donald Light
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Based on Topics: Cats QuotesClap an extinguisher upon your irony if you are unhappily blessed with a vein of it.
Charles Lamb
The process of learning requires not only hearing and applying but also forgetting and then remembering again.
John Gray
Man, an animal that makes bargains.
A. C. Benson