July 2019/2
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Panellists at a Clyde & Co conference warn that a broadening array of climate change-related litigation will soon start affecting insurers.
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The trouble with regulation is that its three main pillars – conduct, prudence and competition – are in a rock, paper, scissors relationship with each other.
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Increased competition has made the class one of the few in EC3 that is not seeing a rating upswing.
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The manager invested more than $100mn less in the April fundraise for Swiss Re’s sidecar than last year.
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The wholesale broking association’s CEO believes the Corporation’s revamp could restore reinsurance capital lost to rival centres.