The contrast between the losses and the scale of reinsurers in the cat-heavy years of 2005 and 2011 respectively provides a compelling demonstration of the oft-repeated claim that the industry was well capitalised at the start of last year.
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The contrast between the losses and the scale of reinsurers in the cat-heavy years of 2005 and 2011 respectively provides a compelling demonstration of the oft-repeated claim that the industry was well capitalised at the start of last year.
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