Reserves approaching inflection point: Flandro

Industry reserve levels are "very, very close" to
reaching a point where they are no longer sufficient, according to
JLT Re's global head of analytics David Flandro.
Speaking at an Insurance Institute of London lecture in the Old
Library at Lloyd's today, Flandro said that while reserves may
remain balanced in the next few years, he did not believe there
would be a repeat of the liability crisis seen in the early
2000s.
However, he warned that a continuation of...