Growing importance of excess liabil ity lines

Formerly looked upon as a safety blanket, to be bought at the last minute and from the cheapest carrier, this view of excess liability cover is changing. Allan Francis, UK excess casualty manager at AIG Europe (UK), writing in Insurance Day of 2 September 2002, looks at growing demand with the recognition of potential liability awards to go through the primary layers of cover and seriously impinge on the balance sheet.