London insurers paid out $3.3bn on credit policies in 12-years: LMA/IUA study


Insurers paid 100 percent of all valid claims made by regulated financial institutions under credit insurance policies on time and in full in 2018 and 2019, according to research commissioned by the Lloyd’s Market Association (LMA) and the International Underwriting Association (IUA).

LMA, IUA, study, Insurance, Reinsurance, Claims, David Powell, Christopher Jones, London market, UK

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