Levene highlights need for effective “early warning systems”
A record year of natural disaster losses and Eliot Spitzer’s investigations into payment practices highlighted the urgent need for the insurance industry to tackle its reputation and practices during 2005, Lord Levene, Chairman of Lloyd’s warned insurers today.
Lord Levene said the Spitzer investigation, the Asian Tsunami disaster and the Silverstein court case regarding the disputed policy wordings in the World Trade Center contracts added up to threeOnly users who have a paid subscription or are part of a corporate subscription are able to print or copy content.
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