Reserves-related alarm bells sounded by the UK’s Prudential Regulation Authority (PRA) point to further profit warnings in the (re)insurance sector and a possible reserving crisis, Jefferies analyst Philip Kett wrote.
Reserves-related alarm bells sounded by the UK’s Prudential Regulation Authority (PRA) point to further profit warnings in the (re)insurance sector and a possible reserving crisis, Jefferies analyst Philip Kett wrote.