US casualty: Will London escape the worst of reserve charges?
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US casualty: Will London escape the worst of reserve charges?

Sources said London should dodge the worst deterioration on US liability, but might not escape unscathed.

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The US earnings season brought disclosures of further rounds of reserving for the problematic 2015-2019 casualty accident years.

Pre-earnings, there had been an expectation that US insurers would attempt to downplay problems with the soft-market years following a series of...

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