PCS launches industry loss index for Latin America
Tom Johansmeyer, head of PCS
Loss creep remains a big issue for the insurance-linked securities (ILS) market, with some investors grappling with developments around the impact of 2017’s Hurricane Irma, which inflicted $77 billion in economic losses in the Northern Caribbean, Puerto Rico and Florida.
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APCIA, ILS, Catastrophe, Hurricanes, Insurance, Reinsurance, Tom Johanmeyer, Caribbean, North America, Puerto Rico