14 March 2011 14:00
“So not quite the “big one” or 1 in 100 year event for Japanese cat bonds, but this is potentially something closer to the big one for the local insurance industry and a certainly a significant human tragedy,” he said.
In an environment where markets are becoming ever more concentrated, the $21 billion Team Super is happy to wear plenty of active risk from its managers and won’t use overlays to make up for underperformance.
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