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Captives Can Help In Post-WTC Recovery

The insurance industry was dealt a staggering blow by the terrorist attack on America on Sept. 11.

But what about the impact on the alternative market, particularly captives, and the vital role it could play as the insurance industry recovers?

The traditional market is well capitalized as an industry, but I believe that capital is not distributed well enough to enable full, complete and timely payment of all claims ultimately arising out of these disasters.

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