Report: Catastrophes are insurers' greatest threat

11/22/2005 | Insurance Journal

Natural and man-made catastrophic loss represents the greatest threat to the financial and credit strength of property casualty insurers, according to a new report issued by A.M. Best. "While many other exposures can affect solvency, no single event can affect policyholder and debt-holder security more instantaneously than catastrophes," the study said.

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