English courts show willingness to interpret fraud widely

Cavell USA and Randall v Seaton Insurance Company and Stonewall Insurance Company (Court of Appeal — 16 December 2010).

The defendants had contracted with Cavell USA to manage the run-off of their insurance business (the liability of an insurance company for future claims it expects to pay). Cavell was to undertake

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Insurers face margin crush unless premiums are hiked

Data analysis: A sustainable margin recovery looks increasingly challenging for insurers with premiums needing to increase in real terms to prevent any erosion after a tripling of costs to 10.9% of premiums last year from 3.5% in 2022.

Stephen Wallace, McLarens

Steven Wallace is managing director of EMEA for global claims services provider McLarens and is the current president of the Chartered Institute of Loss Adjusters.