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Big Bang Or Creeping Death: Can Insurers Survive Armageddon Scenarios?

International Editor


Could the insurance industry survive an “Armageddon scenario?” The answer is, it depends. It depends on how well insurers and reinsurers have planned for the unthinkable, according to several industry experts.

Nikolaus von Bomhard, board member of Munich Re, defined the Armageddon scenario as events that might wipe out the entire insurance industry.

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