2012 large losses a mere $9bn in benign first half
Large individual losses from 2012 to date are expected to cost
(re)insurers an estimated $9bn, according to research by sister
title Inside FAC.
A range of natural catastrophe and man-made disasters, including
the Elgin oil rig fire, the Costa Concordia grounding off Italy and
spring tornadoes in the US, are expected to cost less than $10bn
(see table), according to our research.
And this was broadly corroborated in a report out today by Guy
Carpenter, who estimated that the industry&#...
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