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Byline: Do not penalise the industry because of hurricanes in the Gulf of Mexico, pleads International Club chief
CHAIRMAN of the International Club Alistair Groom says he sees no reason why the P'I clubs' reinsurance level should increase despite the effect of hurricanes Katrina and Rita on the international markets.
He says the clubs' long-term record is proof enough that existing rating levels are profitable to the reinsurance sectors and they should...
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