Richard Harrison addresses the 5th Annual European Summit on Legacy Insurance, Asbestos and Latent Claims
Richard Harrison addressed delegates from across Europe on the implications for reinsurers of the Supreme Court’s judgment in the EL Trigger litigation at the 5th Annual European Summit on Legacy Insurance, Asbestos and Latent Claims. The Summit addresses the latest trends in legacy business and latent claims across Europe, with an emphasis on asbestos liabilities. Actuaries are predicting that liabilities for asbestos claims in the UK alone may amount to much as £33.5 billion in the period to 2065. Across Europe the figure is expect to run into the hundreds of billions.
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