Increased claims for injury are affecting UK reinsurers, and new court-imposed periodical payment orders are proving expensive. Some talk of leaving the UK market, but is there also a chance of growth?
Three US Court of Appeals cases could open the floodgates to mass tort claims and immense liability, by holding greenhouse gas-spewing corporations responsible for climate change damage. Could reinsurers be facing the ‘new asbestos’?
Against all predictions to the contrary, 2009 was a relatively mild year for hurricanes. Global Reinsurance investigates what kept the tropical storms at bay, and how commercial and scientific factors will shape the cat market in 2010