![Red umbrella amongst group of open umbrellas in rain](https://assets.euromoneydigital.com/dims4/default/95273b9/2147483647/strip/true/crop/4843x3635+0+0/resize/840x630!/quality/90/?url=http%3A%2F%2Feuromoney-brightspot.s3.amazonaws.com%2F19%2F34%2F52ee52234b40a00a5d8a7cc3a3fe%2Fw-i-umbrella.jpg)
The warranty and indemnity (W&I) market appears to be defying gravity as underwriters remain unphased by historically low rates, falling retentions and the looming threat of severe losses.
Some
The warranty and indemnity (W&I) market appears to be defying gravity as underwriters remain unphased by historically low rates, falling retentions and the looming threat of severe losses.
Some