Welcome to the tenth edition of our Survey of Discontinued Insurance Business in Europe which is produced once again in conjunction with IRLA. We are extremely grateful to everyone who participated in the Survey.
The Survey analyses questionnaire results from parties across Continental Europe and the UK. Additionally, it includes thought-provoking insight from a number of our industry experts on key issues impacting the run-off market.
The Survey shows that the size of the run-off market remains at just under €250bn with significant potential for this to grow.
Learn more about our key findings below.
"The run-off market has been buoyant as Solvency II appears to have driven greater focus on discontinued lines of business. This has increased M&A activity amongst some of the larger (re)insurers, and has also begun to create capital challenges for a number of smaller market participants."Dan Schwarzmann