US APH liabilities may come back to haunt European insurers

Asbestos warning

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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60 Seconds With... Foil’s Pete Allchorne

Pete Allchorne, partner at DAC Beachcroft and president of the Forum of Insurance Lawyers, would like to be “Doctorin’ the Tardis”, finds ironing therapeutic, and can be found dancing to “Uptown Funk” by Mark Ronson and Bruno Mars.

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