Events - IUMI Tokyo Tackles Issues of Loss Prevention and Risk
Source: Asia Insurance Review | Dec 2006
Marine underwriters
are in the best position to contribute to loss prevention measures as they were
driven by the incentive of paying claims, said Mr Patrick de la Morinerie,
IUMI President in his opening address to more than 330 delegates attending the
133rd IUMI held in Tokyo for the fourth time since 1975. Urging them forward
to break the seemingly “everlasting deadlock”, he added that underwriters
must persuade and demonstrate to clients that insurance should be seen primarily
as a cost-reducing factor and not a pure cost factor. Here, Asia Insurance
Review brings you a report of what the international marine insurance world
is saying about their market today and all the challenges facing them in the
main report and in the breakout session report.
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