Hurricane Katrina: A Market-Turning Event?

Topics:
Insurance
Tags:
Business Operations,
Corporate Insurance,
General Electric Co.,
Hurricane Katrina,
Insurance,
Marketing,
Marketing Research,
Pricing,
Pricing Strategy
Source:
General Electric

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Overview: The psychological influences of an event, such as Katrina, are strong - especially when heading into a renewal season. With a rebuilding effort that will take months, it is difficult for underwriters to forget about the exposures that are possible in this business. This white paper explores the impact of Hurricane Katrina on reinsurance and insurance markets and concludes that in such circumstances if the industry is to remain strong for its policyholders and shareholders in the long-term, it must continually take a realistic assessment of risk and respond with technical pricing levels.

(Is this item miscategorized? Does it need more tags? Let us know.)

Format: PDF | Size: 155KB | Date: Sep 2005 | Pages: 7

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