Regulation to drive growth in legacy sector during 2021

08 Jan 2021

In markets where regulation permits portfolio transfers, creative solutions will flourish.

PwC's 2019 global insurance market run-off survey anticipated deal values of $101bn to $300bn in the UK alone between 2020 and 2022 and estimated global non-life run-off reserves at close to $179bn with legacy management becoming part of the "new normal".

To understand how the global run-off market is really moving, we recently asked the members of Global Insurance Law Connect in 19 countries around the world to classify their local run-off survey of trends. In advance of the report itself, partner and head of Global Insurance Law Connect's run off working group Chris Fletcher shares some of the highlights in Insurance Day's legal focus.

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Disclaimer: This document does not present a complete or comprehensive statement of the law, nor does it constitute legal advice. It is intended only to highlight issues that may be of interest to customers of BLM. Specialist legal advice should always be sought in any particular case.

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Chris Fletcher

Chris Fletcher

Partner and Head of Occupational Disease,
Manchester


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