Nuclear Risk in Property Insurance and Limitations of Insurability

Topics:
Insurance
Tags:
Business Operations,
Corporate Insurance,
Finance,
Financial Planning,
Insurance,
Insurance Industry,
Property Insurance
Source:
Swiss Reinsurance Co

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Overview: The international insurance industry has been screening its existing terms and conditions for potentially ruinous risks and has identified certain weak points. The report believes that one of the most perilous shortcomings in traditional property insurance and reinsurance concerns inadequate nuclear risk exclusions. Insurance portfolios have always been exposed to events that could potentially exceed the financial strength of an entire insurance branch.

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Format: PDF | Size: 123KB | Date: Oct 2003 | Pages: 8

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