Here is a link to a presentation by Southern Response CEO, Peter Rose, at the recent “Seismics and the City” event held on 27 March 2015. Mr Rose considers Cancern and RAS to be excellent from the Southern Response perspective, however, I am not sure that is a positive recommendation for insureds. Mr Rose uses the phrase “qualitative easing” for Southern Response now considering information provided by insureds. Interestingly Southern Response has settled only 57% of its 7348 “overcap claims” more than 4 years after the 22 February 2011 earthquake. That leaves about 3160 unsettled. This number presumably excludes those claims that are still “under cap”. Apparently I am still “Lord Voldermort” to Mr Rose being the lawyer who shall not be named.
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