Avian Flu: comment from S&P
As an industry that views pandemics as catastrophic events, insurers are watching the march of avian flu with a mixture of apprehension and hope, said a report from Standard & Poor's today.
According to S&P's Amy Friedman, the industry's worst-case models—in the event that the disease jumps to humans from birds—predicts overall worldwide losses of $71.3 billion-$200 billion.More
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