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The fact that capital markets investors in the (re)insurance arena are facing natural catastrophe-related claims should not be viewed in a negative light.

Quite the contrary.

As a former insurance underwriter, my mantra used to be "my claims department is my shop window". In fact, it has been rumoured that I still have the tattoo - although it may have faded a bit now...

Honouring losses to customers who paid their premiums is exactly what the (re)insurance game is all...

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