How will the low market penetration of insurance for damages caused by earthquakes and tsunamis in Japan affect the insurance and reinsurance market? Warren R. Isom of Willis Re, spoke at the 18th Annual Insurance Insolvency & Reinsurance Roundtable on March 30 in Phoenix, sponsored by HB Litigation Conferences, and discussed how coverage is handled in Japan and what can be learned from the last major earthquake there in 1995. Click below to hear what Isom had to say.
HB is producing a seminar in Philadelphia on June 9, on the legal and insurance ramifications presented by the enormous and in many instances uncertain damage to the environment, business, and human life. For more information, visit the conference page, The Japan Earthquake – Global Legal, Business, & Insurance/Reinsurance Impacts.