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BIS 2010: Insurers warned over the next wave of "unknown unknowns"

British Insurance Summit 2010 tile

XL Insurance regional operating officer, UK Ireland and Bermuda, Donal Kelly, urged the insurance industry to keep abreast of changing risks.

He said: "It is important for underwriters and clients to understand that we as insurers are also changing."

Mr Kelly commented that risks that are not understood cannot be priced and therefore should

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