Reinsurance is pivotal to keeping insurers going in the wake of such as major insurable disasters as hurricanes and wildfires. This is where insurance professionals will find the information they need about the state of the insurance industry, managing risks, and how to navigate the most impactful events of our time.
Hurricane Irene is expected to be primarily an insurance event, rather than a reinsurance event, given the relatively moderate level of insured losses expected, according to Moodys Investors Service.
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