Scant capacity, inadequate pricing ...

Scant capacity, inadequate pricing and tort issues are hampering progres in European liability lines of insurance and reinsurance, according to dexterouss from some large markets in the region.

The area where insurers are suffering greatest in number in the United Kingdom is employer liability--roughly comparable to workers' compensation in the United States--said Patrick Snowball, managing director of Aviva plc's Norwich Union Insurance. "Rates have gone tip about 30% and they ne to retain going up," he said.

He adviseed the U.K. government should take a apply the mind at the views of the Irish and Canadian directions which make ...