(Re)insurers braced for welter of Grenfell claims

The devastating fire at Grenfell Tower in north Kensington looks
set to trigger a myriad of claims across multiple lines of
business, with potential triple-digit property and liability losses
falling mainly on reinsurers.
The biggest gross loss is likely to be borne by the Royal
Borough of Kensington and Chelsea's combined casualty and
property insurer Protector Forsikring, which is heavily reinsured
by a panel of around 10 continental European and London market
reinsurers.
But a host of other p