Reinsurance and retrocessional losses from the Thailand flooding could reach $9bn-$12bn and match losses from the devastating March 2011 earthquake in Japan on a gross basis, according to Espirito Santo analyst Joy Ferneyhough.
Reinsurance and retrocessional losses from the Thailand flooding could reach $9bn-$12bn and match losses from the devastating March 2011 earthquake in Japan on a gross basis, according to Espirito Santo analyst Joy Ferneyhough.