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Reinsurers reluctant to cover Thai cat fund

hand-pushing-away

Global reinsurers may be reluctant to cover the recently announced Thai catastrophe fund if asked to by the nation’s government, according to market analysts.

Although the logistics of the fund are yet to be worked out there is speculation that reinsurers could be asked to cover the pool for losses up to €1.9m.

Speaking to Insurance Insight's sister title

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Paul Morden, Munich Re

Paul Morden, CEO of Munich Re UK’s branch is responsible for shaping and delivering reinsurance strategy across the UK and Ireland.

Jason Richards, Swiss Re

As CEO for UK & Ireland at Swiss Re, Jason Richards sits at the centre of one of the most influential reinsurance platforms in the London market, shaping how insurers respond to an increasingly volatile and complex risk environment.

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