Munich Re leads on loss disclosure as reinsurers allay crop fears
Reinsurers have followed insurers in reassuring investors that crop losses from the ongoing US drought conditions are comfortably manageable as an earnings event for the second half of 2012.
The subject of crop losses has dominated Q2 earnings calls as equity analysts look to quantify the potential exposures that had led to some nervous behaviour in the markets, impacting the share price of carriers writing the business.
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With leading multi-peril crop insurers (MPCI) such as
Ace, Endurance...
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