Equitas reinsurance payments double.
Lloyd's run-off company Equitas nearly doubled its payments of
reinsurers' claims to £454m ($727m) in the half year to the end of
September 1999 compared with the £240m paid in the same period in
199
reinsurers' claims to £454m ($727m) in the half year to the end of
September 1999 compared with the £240m paid in the same period in
199
Disappointment in discount rate
Zurich disappointed in new #discountrate. David Nichols, Ch Claims Officer: "The failure to change the discount rate to a balanced level will only serve to increase the cost and, therefore, affordability of certain types of insurance - especially for higher risk customers." pic.twitter.com/ac1CfBzfxX
— Zurich Insurance UK (@ZurichInsUK) July 15, 2019
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