Soft Prices May Bring Losses for Reinsurers when Typical Cat Levels Return: Execs

It won’t take another Hurricane Katrina for reinsurers to face losses from covering the cost of storms and earthquakes. Competitors such as hedge funds have eroded prices so much that a typical year of claims could move the industry into …

from News – Insurance Journal http://ift.tt/2bbB7Bb
via IFTTT