The record 2005 hurricane losses are causing insurers to closely examine their aggregate catastrophe risk and place limits on those exposures, brokers at a Web conference said.
Executives of Willis Group Holdings, speaking at a session put on by their company, said the carriers' actions could mean insureds will be unable to purchase the coverage levels they were able to in the past.
Their observations came during a conference titled "The Accelerated Growth of Aggregation Risk and What You Can Do About It."
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