UK excess-of-loss (XoL) motor reinsurers are targeting rate rises of 50 percent off the back of a projected £5bn ($6n) hit from changes to the Ogden rate, as they look to secure rapid payback after the shock loss.
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UK excess-of-loss (XoL) motor reinsurers are targeting rate rises of 50 percent off the back of a projected £5bn ($6n) hit from changes to the Ogden rate, as they look to secure rapid payback after the shock loss.