Hurricanes - financial impact: A storm is coming
After a good year in 2009 for the reinsurance industry, Philip Alexander warns of the perils heralded by the Atlantic forecast for this year, as 2010 looks to be beset by stormy weather.
For the reinsurance industry, 2009 was a good year. It was relatively catastrophe free and this, coupled with a recovery in investment markets, resulted in many companies reporting strong profits and
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