Cry Poverty or Cry Foul

Topics:
Insurance
Tags:
Business Operations,
Corporate Insurance,
Finance,
Financial Planning,
Insurance,
Treasury & Risk Management
Source:
Treasury & Risk Management

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Overview: This paper deals with the insurance problem as Insurers claim to be in trouble but they keep forming new companies suddenly, there is chaos. After a dozen years of falling insurance premiums, companies are now paying an average 30% to 40% more for insurance than they did last year. Insurers contend the increases are justified, given the industry's poor economic performance prior to the events of Sept. 11 and the huge hole in its capital base created by the disaster.

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Format: HTML | Date: Jan 2002 | Pages: 6

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