The Benefits of Flexibility

Stalker, Timothy W.; Kurtis, Michael J.
July 2008
Best's Review;Jul2008, Vol. 109 Issue 3, p105
Trade Publication
The article reports on the significance of an alternative risk transfer mechanism on the insurance industry in the U.S. This mechanism has helped the industry and reinsurers to withstand inspite of the greater risk it faces. Moreover, it is noted that such mechanism has remained an available option for the industry as it faces issues, like insurance protection for global warming and emission of greenhouse gases.


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