European run-off market to be worth £181bn this year
The non-life European legacy insurance market is estimated to reach run-off reserves worth €247bn (£181bn) this year, an increase of €5bn compared to 2014, according to PWC.
The professional services firm revealed the results of its 9th annual survey of discontinued insurance business in Europe at the Monte Carlo Reinsurance Rendezvous today.
A key factor in the increase
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