"Emerging Trends and the Wholesale Insurance Market: How the Industry is Adapting
Courts have been slow in returning to full speed. Meanwhile, defense counsel have been learning how to adapt their approach to meet today's changing social expectations.
Multi-claimant cases can quickly overwhelm traditional insurance towards and other large risk arrangements.
Smaller entrants often engage reinsurance as a tool to meet capital needs, while large insurers are looking toward capital markets and acquisitions as means to gain competitive advantages.
Demographic, societal attitudes and legal tactics are helping push verdicts to new heights.
Wholesale brokers and underwriters are becoming more specialized, allowing them to help insurers better customize coverage.
