IRLA Members Breakfast Briefing – The Spiking debate – VIDEO
All legal, claims, actuarial, financial, reserving and technical staff that are involved with re/insurance coverage and reserves should attend to hear about the Court of Appeal decision on the doctrine of good faith, dealing as it does with multiple years of exposure and corresponding recovery.
By the end of this briefing you will be able to:
Summarise the position set out by Court of Appeal in Equitas v MMI
Explain the relevance of the Court of Appeal’s decision when presenting the position of your own claims
Identify early warning signs for a spiked claim presentation
Describe the benefits of assessing the time on risk probabilities for reserving purposes on any EL book