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"This financial cat is, a new kind of event for our industry. We have tended to think that a physical event would be the thing that impairs our industry."

David Priebe

Chairman of Global Client Development

Guy Carpenter & Co.

"[Major elections always inject] optimism and enthusiasm into the market, particularly in the U.S."

Elizabeth Stephens

Head of credit and political risk analysis

Jardine Lloyd Thompson Group plc

"The share price losses have affected us as an insurance company and, of course, we have been affected by the declining economic growth. What is much more important is that our financial strength remains robust... and the quality of risk management is brought to bear."

Jorg Schneider

Chief Financial Officer

Munich Re
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Title Annotation:Comment
Author:Priebe, David; Stephens, Elizabeth; Schneider, Jorg
Publication:Best's Review
Article Type:Quotation
Date:Dec 1, 2008
Words:120
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