Concern over worldwide implications of liability.
The Assembled Council of International Insurance Broker Association brokers said the capacity crisis...
The Assembled Council of International Insurance Broker Associationbrokers said the capacity crisis has affected insurance markets worldwide,
particularly liability risks.
David Harris, chairman of the National Insurance Brokers' Association of
Australia, said: "The pressure in Australia is similar to the UK because
we have compulsory professional indemnity insurance. We also recently lost
HIH - an insurer which had a large liability book. We have to hope the
care of service of the traditional
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