The market for north-east industry loss warranties (ILWs) has dislocated as trading halts in the aftermath of Hurricane Sandy as participants attempt to gain clarity on the loss, according to Aon Benfield Global ReSpecialty deputy CEO Dan Burrows.
The market for north-east industry loss warranties (ILWs) has dislocated as trading halts in the aftermath of Hurricane Sandy as participants attempt to gain clarity on the loss, according to Aon Benfield Global ReSpecialty deputy CEO Dan Burrows.