A dip in the pool

Hurricane Charley has shown the value of the Florida Hurricane Catastrophe Fund, but it may also prove a timely example of pooled reinsurance as Tria comes up for renewal

Hurricane Charley may be second only to Hurricane Andrew in terms of losses, but the aftermaths for reinsurers of the two incidents are very different. Hurricane Andrew caused a capacity crisis in the

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ABI insists fire safety scheme is temporary

Mervyn Skeet, the Association of British Insurers’ director of general insurance, has outlined how the trade body will ensure the Fire Safety Reinsurance Scheme will only last three to five years, and how it will should end criticism of brokers earning commission for arranging cover.

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