S&P panel members diverge on Irma pricing impact

A panel of speakers at a Standard & Poor's roundtable in
Monte Carlo disagreed on how reinsurance industry pricing would
react to the earnings blow from Hurricanes Harvey and Irma.
JLT Re head of analysis David Flandro said that it with $60bn of
excess capital in the market, there was a lot of headroom before
losses developed beyond an earnings event.
But he said Harvey's atypical track would remind people of
the "randomness" of outcomes in this market and the...