Nagico chairman '200% confident' in reinsurance

Caribbean insurer Nagico has more than enough reinsurance in place
to cover its losses from hurricanes Irma and Maria, its chairman
has said.
Nagico has notified its excess-of-loss reinsurers of an expected
loss of $325mn-$400mn from Irma and is expecting a gross loss of
around $100mn from Maria.
However, its chairman Imran McSood Amjad told The
Insurance Insider that concern in some quarters that
it could go through the top of its reinsurance on Irma was
misplaced.
"We are confident,...