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CB » Topics » Reinsurance coverage may not be available to us in the future at commercially reasonable rates or at all.This excerpt taken from the CB 10-K filed Mar 2, 2009. Reinsurance
coverage may not be available to us in the future at
commercially reasonable rates or at all.
The availability and cost of reinsurance are subject to
prevailing market conditions that are beyond our control. No
assurances can be made that reinsurance will remain continuously
available to us in amounts that we consider sufficient and at
prices that we consider acceptable, which would cause us to
increase the amount of risk we retain, reduce the amount of
business we underwrite or look for alternatives to reinsurance.
This, in turn, could have a material adverse effect on our
financial condition or results of operations.
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