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Hardening Market Forces Risk-Transfer Reassessment

New York

Risk managers in this hard market must get back to basics and make up their minds about whether they are a short or long-term buyer of insurance for particular exposures, one leading carrier here warned.

Kurt Falk, key account manager for oil and petrochemical exposures at Swiss Re New Markets Corp. in New York, made his comments in a recent talk at the monthly seminar sponsored by the Risk and Insurance Management Society’s New York Chapter.

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