…Just when we thought 2004 couldn’t get any worst in terms of natural disasters. This has been one horrible year for so many persons in so many different places across the world. Can our industry handle this disaster at this time?….What can we now expect for 2005 and beyond as reinsurers scramble back to the drawing board???
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It is a sad moment. taking the thought to the next step, it would be worse for people who do not have ‘tsunami’ as an insured peril.
…Just when we thought 2004 couldn’t get any worst in terms of natural disasters. This has been one horrible year for so many persons in so many different places across the world. Can our industry handle this disaster at this time?….What can we now expect for 2005 and beyond as reinsurers scramble back to the drawing board???