French risk managers complain of 'lack of visibility on liability'

From Business Insurance Europe, 14 January 2008 - French risk managers complain of 'lack of visibility on liability'

The insurers and reinsurers on the panel strove to explain their point of view. François Vilnet, president of the reinsurer group the Association des Professionels de la Réassurance en France said: "There is a lack of visibility on liability."

"Liability risks are often underestimated and can often be out of proportion to the size of the enterprise taking the risk," added Mr. Vilnet, deputy head of global business development for Pembroke, Bermuda-based Partner Reinsurance Co. Ltd.