Record catastrophe losses can strain not only insurers' bottomlines but relations with reinsurers as well, according to ananalysis by one company's experts.
A white paper written by professionals in the claims and legaldepartments of GE Insurance Solutions, Kansas City, Mo., finds thatthe insurer-reinsurer relationship needs special attention in theevent of a natural catastrophe.
What tends to complicate matters, the authors said, is thatprimary insurers and reinsurers have sometimes common and sometimescompeting interests.
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