Reinsurance Expert On Insurance Premiums

A reinsurance expert doubts we’ll see insurance premiums skyrocket after the multiple Christchurch earthquakes.  Ben Dyson says while reinsurance companies will undoubtedly be looking at increased risk, and premiums will rise, companies in turn have to look at the overall market.

But New Zealand isn’t the only country reinsurers are looking at.  “The big concerns really I think are risks from the US. The real thing that worries them the most are when there are storms in Florida and earthquakes in California.”  He says other catastrophes in Australia and Chile have also meant big payouts.

Read more: newstalkzb.co.nz.

About Karen Olson

Information Professional with twenty years experience in legal, public record, and business research. Fifteen years law firm experience.

No comments yet... Be the first to leave a reply!