Derivative actions and social inflation have created a significant uptick in claims activity.
An important distinction is emerging in the broker and MGA world that is driving a two-tier system of valuations.
The CIAB methodology makes the survey headline numbers less interesting than they might appear.
Far from making interest rates great again, rates have returned to levels likely to make investment income grate on returns again.
The carrier’s current total of $2.1bn has grown from $300mn at the start of 2015 and is up $100mn since the start of the year.