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25 February 2018

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Global run-off liabilities reach $730bn in 2017: PwC

Catrin Shi 17 January 2018

The value of non-life run-off liabilities has reached an estimated $730bn globally, according to PwC.

In its annual run-off survey, PwC estimated the size of North American non-life run-off liabilities at $350bn - almost equal to the $380bn tally for the rest of the world.

The North American estimate does not include liabilities from US healthcare business, due to the complexity and ongoing uncertainty around the class.

If health liabilities had been included, it is likely that the US-only estimate...

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