Free Trial

Reactions Copying and distributing are prohibited without permission of the publisher

Reinsurers to take majority of Chile losses

08 March 2010

Rating agency Moody’s believes reinsurers will shoulder the majority of insured losses from the Chilean earthquake because of the large amount of reinsurance protection purchased in Chile and the size of the catastrophe

Read more: [chile]

Rating agency Moody’s believes reinsurers will shoulder the majority of insured losses from the Chilean earthquake because of the large amount of reinsurance protection purchased in Chile and the size of the catastrophe

Last week’s earthquake claimed more than 500 lives and caused widespread property and infrastructure damage in the central-southern part of the country. The...


Poll

How big would insured catastrophe losses this hurricane season have to be to move reinsurance pricing up?

$0-15bn
7%
$15bn-$30bn
12%
$30bn-$50bn
38%
$50bn-$75bn
31%
$75bn-$100bn
7%
>$100bn
5%