London market should be doing a lot more to reclaim dormant loss funds
London market should be doing a lot more to reclaim dormant loss funds https://davies-group.com/wp-content/uploads/2018/11/Safe-1024x683.jpg 1024 683 Davies Group https://secure.gravatar.com/avatar/d0aa26dc093d061c174465ade6d109d3?s=96&d=mm&r=gHundreds of millions of pounds are sitting in dormant loss funds set up by underwriters via brokers and third party administrators. Insurers should be willing to recover these monies. It is a big concern that firms seem unwilling, or unable, to examine how they recover their own money, which may have been sitting in third…
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