Transcription of Global Reinsurance — Where Have All the Losses …
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Global Reinsurance — Where Have All the Losses …
BEST'S BRIEFING Our Insight, Your Advantage. Global Reinsurance November 15, 2017. Global Reinsurance Where Have All the Losses Gone? As the catastrophe events from the third quarter were taking place, like most industry Global observers, A M. Best anxiously wondered Where the Losses would end up. As anyone in insurance knows, it is difficult to be precise when estimating Losses . Hurricanes Harvey, Reinsurance Irma, and Maria will be remembered as some of the costliest events in history and adjusting composite Losses will be a complicated and long process. The earthquake that struck central Mexico on September 19th also inflicted physical and financial damage as well as significant human expected tragedy. This, however is Where the (re)insurance industry stands ready. To quote Thomas to deliver Caldecot Chubb: If there were no Losses , there would be no premiums.
3 Briefing Global Reinsurance Published by A.M. Best BRIeFInG A.M. Best Company, Inc. Oldwick, NJ ChairmaN & PresideNt Arthur …
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