08-05-2017 16:14 via insuranceinsider.com

Med-mal dominates RenRe Ogden exposure

RenaissanceRe has highlighted legacy UK medical malpractice
contracts as its primary exposure to the UK government's recent
changes to the Ogden rate.
Speaking on a first quarter earnings call last week, the
carrier's CFO Bob Qutub said the government's decision had
added 9 percentage points to the first quarter consolidated
combined ratio, according to a transcript of the call posted on
SeekingAlpha.com.Qutub said the impact was contained within its prior accident
years and the casualty and spe
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