
New report from Jardine Lloyd Thompson
Premiums for casualty insurance - particularly for liability categories such as directors' and officers', employer's liability, product liability, and medical malpractice - are likely to remain firm and even rise in 2004, according to a new report from Jardine Lloyd Thompson. The report, entitled 'A Fragile Stability', states that a tougher pricing environment, as insurers rebuild their balance-sheets after suffering the worst losses in history, combined with a lack of appetite for long-tail
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