Market Watch: The before-the-event landscape
Emmanuel Kenning finds that there are more questions than answers in the legal expenses insurance sphere
There is arguably no segment of the insurance world that has had a more dramatic start to 2010 than legal expenses, a year that began with DAS announcing a £10m loss in 2009 and continued with the publication of the Jackson report on 14 January. With the full impact of the Ministry of Justice's reforms for low-value personal injury claims in road traffic accidents set to be released in April, the drama is set to run some distance yet. How did the market arrive at this point?
Richard Candy
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