Christmas Q&A with Sarah Mallaby and Peter Blanc
Sarah Mallaby, director of broker markets at Allianz, reviews 2019 and Peter Blanc, group CEO at Aston Lark, looks ahead to 2020.
2019 reflections with Sarah Mallaby, director of broker markets at Allianz
Which insurance issue has defined 2019?
The property and casualty market hardened, which could have been caused by the uncertainty of Brexit, claims inflation and a higher than average number of large fire losses. Continuing pressures on the economy will ensure that claims inflation remains on the insurance industry’s radar for 2020.
These pressures contributed to the reduction in capacity, with the likes of Aspen, MS
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