Other articles of interest
The lure of the $3bn+ club…
6 October 2009
The received wisdom generated in the cafes and cocktail bars of this year’s Monte Carlo Rendez-Vous was that barriers to entry are on the increase.
While in 1993 Bermuda may have been a $100mn start-up club and in 2001 there was a $500mn ticket price to entry (which had doubled to almost $1bn once Katrina Rita and Wilma had finished with the incumbent market). However, in the post-credit crisis world of 2009 a figure of $3bn was more likely to...
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