Non-life run-off liabilities hit $960bn in 2022 with competition high: PwC
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Non-life run-off liabilities hit $960bn in 2022 with competition high: PwC

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Global non-life run-off liabilities rose by $100bn to $960bn in 2022, fuelled largely by growth in North America, according to a report from PwC.

The report said more than 50% of the growth in the legacy market emanated from North America, and that the growth was expected to fuel further deal activity next year.

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