Global reinsurers absorb record 2011 losses with lower impact on capital – IAIS

Source: Middle East Insurance Review | Nov 2012

The reinsurance sector absorbed record-high losses in 2011 with a smaller impact on equity capital than in 2005, the former record-setting year with respect to Nat CATs, said the International Association of Insurance Supervisors (IAIS) in its first-ever Global Insurance Market Report (GIMAR).

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