Chile Quake Cost 8 Billion
Published on March 9, 2010 by
Chile Quake Cost 8 Billion – QBE Insurance has warned industry-wide payouts linked to last month’s devastating Chilean earthquake could exceed US$8 billion. Speaking to investors in London QBE chief executive Frank O’Halloran warned costs of this size would probably trigger a series of price rises across the reinsurance industry which is expected to shoulder [...]
Tags: Acquisition Opportunities, Acquisitions, Aftershocks, Catastrophe Losses, Chief Executive, Chile, Chilean Earthquake, Citigroup, Commercial Insurers, Frank O, Halloran, Insurance, Investors, Magnitude, Qbe Insurance, Quake, Reconstruction Efforts, Reinsurance Industry, S Central, South Regions
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