US APH liabilities may come back to haunt European insurers
European insurers wanting an idea of the trends coming their way often look to their cousins across the water, knowing that the problems for US insurers today are likely to plague European carriers tomorrow.
That being the case, a recent spike in US asbestos, pollution and health hazard (APH) claims, and subsequent reserve strengthening in the US, led some to question how well prepared continental
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