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Barbados Weather Latest Update - A.M. Best Special Report: Credit Crunch Clouds Outlook Of Hurricane Insurers, Cat Funds (Centre Daily Times)

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home > news A.M. Best Special Report: Credit Crunch Clouds Outlook Of Hurricane Insurers, Cat Funds (Centre Daily Times)

A.M. Best Special Report: Credit Crunch Clouds Outlook Of Hurricane Insurers, Cat Funds (Centre Daily Times)




Turmoil in the credit markets could leave policyholders in limbo if a major hurricane strikes the United States this year, as investors show a limited appetite for capital market offerings designed to raise cash for claims payments. Meanwhile, the same subprime mortgage crisis that rocked the credit markets raises questions about insurers' exposure to foreclosed and abandoned properties in ...


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