The potential for displacement of populations as a result of these events could also have public health consequences increase liabilities of health and life insurers; Insurers and reinsurers have now focused additional attention on the possibility of indirect claims
of this kind, adopting practices such as exclusions and increasing prices in order to mitigate the risks they present.
In other situations, he was able to leverage results of negotiated liability claims reductions, lowering indirect claims
costs (as well as direct claims costs).
However, the indirect claims
through credit risk of the two banks were far more substantial, it added.
These include: entity coverage for securities claims; coverage for punitive damages; outside directorship liability; pollution exclusion modification to allow for defense costs for certain indirect claims
; legal expenses for governmental investigations; automatic subsidiary coverage; broad definition of claims to include coverage for regulatory proceedings; and noncancelable policies.
Same identity conditions - direct and indirect claims