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Cutting Edge Strategies for Loss Prevention & Profit Maximisation in a New Era Analysts have predicted that insured losses, from 2007-2009, for E&O; and D&O; for the financial segment of the market will lie in the range of $9.6 billion to $12.1 billion. Market leaders in the professional liability market are targeting at a nearly $10 billion hit from FI, D&O; and E&O; alone.
Mass exposures surfacing from the fallout of the global financial crisis are predicted to increase significantly in 2009. With insurers encountering the most difficult economic environment in 70 years, reinsurers need to be fully prepared to protect themselves as the mega claims are dealt with. No reinsurer can afford not to have an updated understanding of the latest developments and of the winning strategies. Yesterday’s knowledge is insufficient to survive today.
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