Run-off is growing fast, but there could be trouble ahead

09-06-2022

Run-off is growing fast, but there could be trouble ahead

New ways of looking at legacy insurance, new territories and convergence with live business are causing the market to grow fast. But there could be some bumps ahead, an Intelligent Insurer panel says.

It may be about old business, but it’s a young market: legacy insurance is growing fast —partly because it’s still in its nascent phase.

To discuss legacy’s potential—and the potential growing pains—Intelligent Insurer brought together a group of experts from across the industry: Jim Bichard, PwC’s global insurance leader; Tom Booth, group chief executive at DARAG; Will Bridger, chief executive officer of Compre Group; and Andrea Piatti, managing director for global risk solutions in EMEA at Guy Carpenter.

“We’ve worked on a number of run-off transactions, not just mergers and acquisitions.” Andrea Piatti, Guy Carpenter


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