Losses will trigger market changes.
The terrorist attacks of 11 September, widely predicted to be the largest loss event in insurance history, are expected to have a profound effect on the shape of the reinsurance market.
"The event
"The event
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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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