European sovereign debt hits insurer profits
2011 was the worst year on record for natural catastrophes, yet it was cracks in the Dow Jones, faults in the FTSE and tremors on the Hange Seng that bothered many insurers more.
Clarence Wong, Swiss Re’s Asia chief economist, has watched the fallout from the impact of the Japan and New Zealand earthquakes, as well as Thailand floods, yet told Post: “Natural catastrophe losses
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