A.M. Best increases surveillance of insurers' catastrophe exposures.(A.M. Best Company Inc.)
Publication Date: February 22, 2006
Advisen -- Insurers
Source: Best's Review
"A.M. Best Co. considers catastrophic loss, both natural and manmade, to be the No. 1 threat to the financial strength and credit quality of property and casualty insurers due to the significant, rapid and unexpected impact that can occur. Moreover, immediately following a significant event, the company retains its exposure base, and subsequent events can occur prior to the implementation of any risk mitigation strategies..."
Advisen -- Insurers
Source: Best's Review
"A.M. Best Co. considers catastrophic loss, both natural and manmade, to be the No. 1 threat to the financial strength and credit quality of property and casualty insurers due to the significant, rapid and unexpected impact that can occur. Moreover, immediately following a significant event, the company retains its exposure base, and subsequent events can occur prior to the implementation of any risk mitigation strategies..."
posted by AVRECO at 9:07 AM
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