Business Services Industry
Future of finite cover remains in balance amid investigations.(World)
Business Insurance, November, 2005 by Coccia, Regis
Byline: REGIS COCCIA HAMILTON, Bermuda-The future of finite reinsurance contracts may depend on whether insurance industry companies can communicate the products' usefulness to regulators, a panel of legal experts suggested. Four attorneys participated in a panel discussion last month at the 19th International Reinsurance Congress in Hamilton, Bermuda, sponsored by Hawksmere Ltd.
and PricewaterhouseCoopers L.L.P. The panel discussion was moderated by Sarah Goddard, chief executive officer of the Dublin International Insurance & Management Assn. in Dublin, Ireland, a leading center for finite reinsurance. Finite reinsurance has been under a microscope this year, since New York Attorney General Eliot Spitzer and, later, the Securities and Exchange...
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