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2011 Catastrophes Drive Up Total Cost of Risk (PropertyCasualty360)
Tremendous insured losses from natural catastrophes in 2011 took a toll on pricing across all insurance segments, according to the RIMS benchmark survey.
NU Online News Service
Tremendous insured losses from natural catastrophes in 2011 took a toll on pricing across all insurance businesses, found the newly released Risk and Insurance Management Society (RIMS) Benchmark Survey measuring Total Cost of Risk (TCOR) and its impact on 10 industry groups.
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