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Re: Tuff-Stuff post# 356378

Monday, 01/03/2011 11:12:46 AM

Monday, January 03, 2011 11:12:46 AM

Post# of 648882
Global catastrophes - including the BP oil spill, earthquakes in Haiti and Chile, flooding, heat waves and an air travel-paralyzing ash cloud from Iceland - made 2010 one of the six most loss-intensive years for insurance since 1980, Munich Re says. Some $37B of total losses were insured - and reinsurers are facing a soft market crimping their ability to hike prices.

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