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There are 68,919 results that match your search.68,919 results
  • Ogden change makes Lloyd’s concerns a reality
    The UK government's unexpectedly large reduction in the Ogden discount rate last week has brought into focus Lloyd's concerns about reserving in the motor insurance market.
    Matthew Neill, 07 March 2017
  • UK liability reinsurers to capitalise on Ogden rate impact
    The cut in the Ogden rate could trigger rate increases of more than 20 percent in wider casualty reinsurance lines, market sources told The Insurance Insider.
    Catrin Shi, 07 March 2017
  • Ogden: A two-decade strait jacket
    The decision of Lord Chancellor and Justice Secretary Liz Truss to push the discount rate to minus 0.75 percent stems from a 1999 House of Lords ruling that predates the dotcom crash, the subsequent bull market and the ensuing credit crisis - and that critics say has little relevance today.
    Laura Board, 07 March 2017
  • Industry hopes for swift Ogden rethink
    Insurers are hoping for a short stay in negative discount rate purgatory as a consultation with Chancellor of the Exchequer Philip Hammond gets underway.
    Laura Board, 07 March 2017
  • Reinsurers heading for asymmetrical £5bn Ogden loss
    The impact of the Ogden rate change will be more unevenly distributed through the reinsurance market than many other losses, with some reinsurers having bet heavily on UK motor reinsurance while others eschewed the market entirely.
    Adam McNestrie, 07 March 2017
  • A cold bath
    Never underestimate the ability of even the best-intentioned authorities to mess things up.
    Mark Geoghegan, 07 March 2017
  • Reinsurers to push for 50% rate rise post-Ogden
    UK excess-of-loss (XoL) motor reinsurers are targeting rate rises of 50 percent off the back of a projected £5bn ($6n) hit from changes to the Ogden rate, as they look to secure rapid payback after the shock loss.
    Adam McNestrie, 07 March 2017
  • Carriers hope for quiet Budget
    UK insurers are hoping for a relatively quiet Budget on 8 March, following a year of disruption caused by Brexit, hikes in the insurance premium tax (IPT) and the Ogden rate upset, according to major consultancies.
    Charlie Thomas, 07 March 2017
  • Opinion: Catalina's buy-in
    Legacy companies do not belong in the public markets.
    Dan Ascher, 07 March 2017
  • Middle Eastern commercial insurance pricing hardens
    Insurance executives expect prices in Middle Eastern commercial lines insurance to stable or harden over the next year, a survey of regional carriers has found.
    Bernard Goyder, 07 March 2017
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