The cost of collapse.
The recent Independent Insurance and Chester Street collapses have sent shockwaves through the insurance industry. But Peter Maguire and Alex Hill-Smith take a legal perspective on insurer insolvency and its wider implications - particularly costs.
The ramifications of any insolvency in the insurance industry arefar-reaching. In addition to the direct and immediate impact upon
employees and shareholders, other insurers in the market will face
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