Opinion: Not the big one
I was speaking to an underwriter at Lloyd's on Friday. An old
hand. Veteran of markets soft and hard, who probably wrote his
first risk before I was born.
He has seen it and done it all before when it comes to US cat
losses.
And his assessment of Harvey was utterly unclouded by sentiment
and drained of all spin.
"We need a Cat 4 storm to tear through Florida," he
said. "We need something to happen."
Because to the...
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