UK regulator the Prudential Regulation Authority (PRA) has warned (re)insurers that booked reserves on long-tail lines would need to be as much as 25 percent higher should historical claims inflation trends prevail.
UK regulator the Prudential Regulation Authority (PRA) has warned (re)insurers that booked reserves on long-tail lines would need to be as much as 25 percent higher should historical claims inflation trends prevail.