Strength in numbers
All eyes are on providers of professional indemnity and directors' and officers' cover as an increase in the number and cost of class actions adds weight to these sectors' claims burden. Mira Butterworth considers the strain this could put on already rising premiums.
Several high-profile class actions have made the news recently,including the Equitable Life and split capital investment trust
debacles.
Such cases mark new territory for class actions, which have
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