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Casualty catastrophes

Author:
Justyn Harding (Chairman); Matt Byrne; Romy Comiter; Jean-Bernard Crozet; Antony Dodson; Clare Edler; Alister Laird; Chooi Shan Lee; Buu Truong; Cynthia Yuan
Source:
General Insurance Convention 2009
Publication date:
06 October 2009
File:
PDF 559.52 KB
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Document description

This working party was formed during GIRO 2008 with the intent to report back to the profession at GIRO 2009. Those involved with the working party had a common aim of wanting to discuss the issues surrounding casualty catastrophes. We felt that the topic was under-represented in insurance literature as a rule, and yet has caused some of the biggest market losses in history. It was also highlighted that in reference to the buzz worki, 'globalisation', casualty catastrophes can only become more pre-eminent in the insurance industry's thinking.