The Week in a Minute, December 16, 2011

  • Industry losses from catastrophes hit $108B in 2011, Swiss Re tells us. (Only 2005 had more – $123B.)
  • Coincidence: Their CEO, Stefan Lippe, will retire.
  • P&C profits will rise in 2012, Fitch says. Not a surprise, given $108B in cats this year.
  • Old news: New Madrid earthquake was 200 years ago.
  • NTSB calls for ban of cellphone use while behind the wheel. Good luck with that.
  • CAS announces syllabus and exam schedule for the new ERM credential.
  • Commercial insurance prices keep climbing, Towers Watson reports.

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