Liability Risk and Insurance
Payment of Bodily Injury Claims: A Widely Varying Picture Across Europe
By Guy Carpenter’s Casualty Specialty
Liability insurers and reinsurers are faced by diverse approaches across Europe to the payment of large bodily injury claims.
Despite moves to harmonise minimum levels of available compensation across Europe through, for example, the 5th EU Motor Insurance
Directive, the quantum, calculation and payment period of bodily injury claims still vary widely from territory to territory.