Ogden change will mean one-off shock to profits for reinsurers


Re/insurers in Bermuda and the US that cover bodily injury claims in the UK will adapt quickly to the higher costs stemming from a change in how settlements are calculated, with just a short-term knock to their earnings, according to a report by Fitch Ratings.

Fitch Ratings, Insurance, Reinsurance, Bermuda, Odgen, UK, US, North America

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