Are you ready for the coming capital crunch?
Michael Butt, chairman of AXIS, has been extremely busy in the last few weeks. Mairi Mallon found out exactly what he needs all his new capital for, and a lot more besides..
Hurricane Katrina may be the undoing of some (re)insurers - but not through the huge cost of claims. Instead, they may choose to exit the market because of new capital requirements expected next year
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