Inflation reservations

Andrew English

Any return to high rates of inflation would be a challenge to writers of long-tail reinsurance business, especially when it comes to reserving. New modelling techniques will help to cope with this uncertainty, says Andrew English of EMB

What difference would a sudden surge in inflation make to reinsurance? Rolf Tolle, until recently Lloyd's franchise director, recently raised the issue and warned against complacency. At a time when

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ABI insists fire safety scheme is temporary

Mervyn Skeet, the Association of British Insurers’ director of general insurance, has outlined how the trade body will ensure the Fire Safety Reinsurance Scheme will only last three to five years, and how it will should end criticism of brokers earning commission for arranging cover.

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