141104 Dutch insurers | a brief guide: the 'woekerpolis' affair

141104 Dutch insurers | a brief guide: the 'woekerpolis' affair

 

No. pages 18
Description

In this note, we will give some background information on the so-called ‘woekerpolis’ affair. Three recent events could act as catalysts that could hopefully bring this whole affair to an end and thus deal with one of the biggest uncertainties the Dutch insurers have had to deal with in recent years. Although this solution could possibly require the insurers to take higher provisions, it would at least allow us to make a better assessment of what these companies are really worth.

Contents
  • Brief historic background
  • What makes a policy a 'woekerpolis'?
  • Who are exposed to these claims?
  • Both collectives and individuals claiming compensation
  • All going their separate ways
  • The damage so far
  • Why has this affair flared up again?
  • The situation for the listed insurers
  • So what’s next?
  • Dutch state has an interest too
  • Where does that leave us?
Created Date: Tuesday November 04, 2014 09:54:17
Last Updated Date: Tuesday November 04, 2014 09:54:17
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