AMSTERDAM--(BUSINESS WIRE)-- #insurance--AM Best believes a proposed European Union-backed public-private natural catastrophe reinsurance scheme could be supportive for the bloc’s insurance markets. A new Best’s Commentary, “AM Best Welcomes European Union Action on Natural Catastrophe Insurance but Cautions That Clarity is Needed”, notes that proposals for a new EU-backed public-private natural catastrophe reinsurance scheme come as several member states are making enhancements to their domestic pools. Ang...
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