Even Sandy Could Not Spur Flood Cover Take-Up

3:14

Dr. Steven Weisbart, chief economist with the III, said the insurance industry handled claims from Sandy well. Weisbart said the biggest surprise was how many people purchased flood insurance afterward.

 

Willis Re Exec: New Capital Driving Seismic Changes

According to James Kent, president, Willis Re North America, the influx of new capital into the reinsurance market has created more change in the past three to five years than in all prior years.
 

UIP Exec: Local Governments Share Mutual Risks

Andrew Armitstead, executive officer at United Independent Pools of Australia, describes how his mutual organizations is developing new offerings to meet the liability needs of local governments in his country.
 

Willis Re Exec: Mutuals Embrace Shared Reinsurance

Willis Re Executive Vice President Robin Swindell said mutual insurance companies are regularly joining together for catastrophe and other forms of reinsurance coverage.
 

Shelter Re Exec: Capital Influx Impacts More Than Rates

Greg Lockard, reinsurance manager, Shelter Re, discusses how the impact of alternative capital is being felt in terms, conditions and timing of reinsurance arrangements.

Copyright © 2017 A.M. Best Company, Inc. and/or its affiliates ALL RIGHTS RESERVED.