CATEX News November 10, 2011: Strong earthquake Turkey, Storm pummels Alaska
November 20th, 2011
Alternative world and financial news for the risk industry; encompasses coverage of real time events likely to lead to eventual insurance and reinsurance claims. Interviews with newsmakers. 1A. Tehran Iran nuclear program 1B. Another strong earthquake in Eastern Turkey 2. “Epic storm” pummels Alaska 3. Lloyd’s changes international growth plan 4. Hiscox says lack of central claim facility hurts Lloyd’s 5. Novae will refrain from insuring certain risks 6. Lloyd’s will implement S2 earlier than required 7. EU likely headed toward “prolonged” recession
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