$2.3bn Chile fac losses and rising…
Large industrial and other facultative-style insured losses from the Chilean earthquake already total $2.3bn, according to gross reserve figures compiled by Lloyd's during a fact-finding mission last month, The Insurance Insider can reveal.
But with more than half of the insureds surveyed by the delegation still to confirm claims figures, the tally of large risk losses can only mount over the coming months.
The Chile Cat Co-Ordination Group, chaired by Lloyd's senior claims manager Philip Godwin, included Ian Clendenning, chief...
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