January 2020/4
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However, there's more to re-underwriting an excess book than price alone, Inside P&C analysts noted.
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Only a matter of months ago “social inflation” sounded slightly arcane. It has since become the industry’s main preoccupation.
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The cutbacks could have withdrawn close to $1.5bn of limit from the market.
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Discussions about the programme's roll-out reveal fears of accidental coverage widening and a flight by insureds to companies markets.
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This publication looks at the 10 most prevalent industry trends for the year ahead.
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