Broking Break: Your Top Five


5) London Market passes $200bn stress test Hiscox has published a white paper looking into the London Market's response to a theoretical stress test involving the costliest losses in history. The dry run scenario included an unprecedented cyber event, a highly destructive hurricane, one of the largest ever stock market declines and a major reinsurer default with consequent delays in reinsurance payments. These simulated events resulted in extraordinary global insurance losses