NU Online News Service, Feb. 3, 3:03 p.m.
NEW YORK—The insurance cycle is not dead, and the return to a hard market could come without a multibillion-dollar catastrophic event driving the turn, a broker executive said yesterday.
Brian Duperreault, president and chief executive officer of Marsh & McLennan Companies in New York, made the assertions during a keynote luncheon address at the 2011 D&O Symposium of the Minneapolis-based Professional Liability Underwriting Society held in New York yesterday.
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