A wider problem.

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  • Additional Information
    • Subject Terms:
      LONDON (England); ENGLAND
    • Subject Terms:
      CX Re (Company)
    • Abstract:
      Some brokers and cedants believe run-off entities' slow payments are damaging the London, England market's reputation. But others argue that brokers are as much to blame for dragging their feet as the run-offs. Some observers believe CX Re is alone in slowing down claims payments. Others say slow payment from run-offs is not an issue. But many feel slow payment is a growing problem in London's run-off market. Though reluctant to name specific companies, many brokers in particular are highly critical of the run-off market as a whole.