Disasters force Mitsui to change risk model
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Disasters force Mitsui to change risk model

Bangkok : Thailand | Aug 23, 2012 at 2:03 PM PDT
Source: The Nation
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After the inundation here, the company was flooded with claims of Bt1.7 trillion. Half of the claims have been paid and the remainder is expected to be settled by next March. The model change will focus on probable maximum loss (PML), a property-loss control term referring to the maximum loss expected... FULL ARTICLE AT The Nation
 
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