Gathering a head of steam
With pressure mounting for third-party liability insurance to be capped, primary insurers could find themselves exposed to massive claims
Imagine having to tell your motor insurance clients - fleet and personal - that the unlimited third-party personal injury cover they had always enjoyed was being taken away from them. You can imagine the reactions.
Plenty of comment along the lines of "how can you ask me to pay more for less". You could find yourself having these conversations as early as 2006.
There is a head of steam building among the major reinsurers to get the UK to place a cap on third-party liability after a series of
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