August 12th, 2008

Chart: Personal Accident Catastrophe Pricing Regression

Posted at 2:53 PM ET

Within the Personal Accident (PA) catastrophe space, the preponderance of cover included full nuclear, biological, and chemical (NBC) terror protection, particularly for insurers with U.S. exposures. NBC prices have declined, especially at lower layers, while XNBC prices are virtually unchanged – effectively reducing the surcharge for complete coverage.

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