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The casualty capacity gap.
(From Insurance Day)
AMID signs that the rates in the property catastrophe market are beginning to flatten and even in some cases fall, several of the Bermudian players are attempting to rebalance their portfolios.
Since the early 1990s, Bermuda has been almost synonymous with catastrophe reinsurance, but the appearance of the new players at the beginning of 2002 heralded something of a change as they introduced more diversified lines of business.
Nobody would deny there is a real need for casualty capacity in the market at the moment. And as the compensation crisis in the US and elsewhere continues, that situation is unlikely to change any time soon.
Highly-publicised moves are afoot in the US to reform the tort system, particularly by putting a cap on non-punitive awards, and many important figures in the insurance industry have indicated there should be some progress before the end of the year.
But it does not do to underestimate the power wielded by the attorney lobby in the US. As a major financial backer of the Democrat ...
- Sustainment command and casualty capacity.
- Magazine article from: Army Logistician Nolan, David L. January 1, 2005 700+ words
...consider the return-to-duty medical workload when determining casualty capacity. Casualty Capacity Versus Casualty Estimation Determining the medical system's casualty capacity is a complex calculus of interacting variables. Some variables...
- Navigators Increases Excess Casualty Capacity to $25 Million.
- Press release article from: Business Wire April 23, 2007 700+ words
NEW YORK -- The Navigators Group, Inc. (NASDAQ:NAVG) today announced the expansion of its capacity for United States-based commercial accounts to $25 million for excess liability and umbrella products. Jeff Saunders, President of Navigators' Excess Casualty Division, stated, "Since the Company
- Tightening market sets stage for arrival of bogus insurers; Property/casualty...
- Magazine article from: Business Insurance Mcleod, Douglas October 29, 2001 700+ words
A dramatically tighter property/casualty market promises a resurgence of an old risk management headache: fraudulent insurers. Bogus insurers and reinsurers, formed expressly to swindle policyholders and vanish within a few years, flourish in markets where buyers are desperate for capacity and
- Power capacity gap to reach 30 mln kW in summer peak.
- Newspaper article from: China Business News June 25, 2004 700+ words
Power capacity gap to reach 30 mln kW in summer peak Beijing. June 25. INTERFAX-CHINA - The summer of 2004 will see a 30 mln kW power capacity gap in China and year will see the worst power shortages in 20 years, according to a source with...
- Lack of Funding and Capacity Gap Threaten to Hamper Biopharmaceutical...
- Press release article from: Business Wire November 20, 2003 700+ words
...improvements and pioneering expression systems for large-scale manufacturing of biotech drugs could dramatically alter the capacity gap. For instance, transgenic technology has the potential to deliver large manufacturing capacities at much lower production...
- Report: Lack of funding, demand vs. capacity gap threaten biopharma progress.
- Newspaper article from: Biotech Week December 17, 2003 700+ words
...improvements and pioneering expression systems for large-scale manufacturing of biotech drugs could dramatically alter the capacity gap. For instance, transgenic technology has the potential to deliver large manufacturing capacities at much lower production...
- EU biopharma sector growth threatened by funding shortfalls, capacity gap.
- Newspaper article from: Pharma Marketletter December 22, 2003 700+ words
...yield improvements and pioneering expression systems for large-scale manufacturing of biotechnology drugs could alter the capacity gap dramatically, it says. For instance, transgenic technology has the potential to deliver large manufacturing capacities...
- Bridging the capacity gap: at the end of October, a conference entitled UK...
- Magazine article from: Airports International Hales-Dutton, Bruce December 1, 2004 700+ words
Here's a message for all those hoping that planning procedures can be streamlined to shorten the time taken to provide the airport capacity the UK needs: 'don't hold your breath'. It comes from Mike Brundell, deputy planning inspector at the four-year Heathrow Terminal 5 inquiry, who told a Royal
