Canopius boss: massive quake will be tipping point
Canopius chairman Michael Watson believes the Japanese earthquake could serve as the tipping point on market rates, after lamenting the commercial lines market for its "folly" on low pricing.
Following the catastrophe on 11 March, Mr Watson said the event could have a major impact on market rates: "We have had the second Christchurch earthquake, and I fear damage from Japan is quite
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