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Swiss Re’s Monica Ningen Explains the Protection Gap

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What is the protection gap? It is the difference between the economic loss and insured loss. That gap globally is around $221 billion, a reality that leaves insurers and reinsurers alike increasingly concerned about how this phenomenon is affecting the broader marketplace. Swiss Re's Monica Ningen, chief underwriting officer for property in the U.S. and Canada, spoke about what's at stake with Carrier Management editor Mark Hollmer, during the Property Casualty Insurers Association of America 2015 annual meeting in Hollywood, Fl.

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