P&C legacy market looks to Germany for growth
Run-off books continue to be bought at a premium to net asset values (NAV), as uncertainty over legacy deals' profitability and the huge untapped German and Swiss markets sparked a lively debate at yesterday's (8 June) The Insurance Insider annual legacy roundtable.
The event coincided with one of the largest gatherings of the
property and casualty (P&C) legacy market - the R&Q
Commutations Rendez-Vous in Norwich, UK.
Roundtable attendees bucked the received wisdom that sanity was
returning to pricing in...
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