Predictions for 2019: Park's Marc Loud

future-predictions

Broker predicts liability market hardening, greater onus on job training, and that vulnerable customers will be looked after better.

The hard liability market will continue for the high risk personal injury exposures
The combination of Solvency II and the Ogden table change will continue to play havoc in the market place in 2019.

Two Danish insurers have followed the well-trodden path out of the market place.

The offshore market has felt these changes the most as they were the least prepared for Solvency II given that before its introduction UK insurers already had fairly challenging Solvency requirements.

Given the

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