07-03-2017 15:37 via insuranceinsider.com

Reinsurers heading for asymmetrical £5bn Ogden loss

The impact of the Ogden rate change will be more unevenly
distributed through the reinsurance market than many other losses,
with some reinsurers having bet heavily on UK motor reinsurance
while others eschewed the market entirely.
No market share data is publicly available for the UK motor
reinsurance market, however sources have pointed to some of the
carriers that are likely to be most heavily impacted by the
asymmetrical loss.
With a loss of £5bn-£7bn
($6.1bn-$8.6bn) projected fo
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