Insight
London Market Monitor – 31 May 2022
Our May review of the markets and Solvency II discount rates.
The year 2019 marked a turning point for the medical professional liability industry. Reserve releases declined to less than 5% of premium. Insurers projected a combined ratio over 120% on 2019 earned business. Frequency increased for many writers and the trend in indemnity severity was above inflation.
This article was originally published by Inside Medical Liability.
Insight
Our May review of the markets and Solvency II discount rates.