Page 46 - Insurance Times February 2020
P. 46

0 V 3










                                                              ;q=jorBEA@KLEBIGCef   % #*  $  $    #*    *"     $ ")  *#$ +  $ ")  *+   #*    *" BFGZDCBMKBIMCDBHG`MFaBME %  $ $'  $#(   & $ )#*! $'     #"%  )  "     !   !  ,#$'  ++#$# *    (# (BA?DCDSLDCBIMCD #








                                                              9 p6  3"  /2 py  3"   # *<MKEOC@KFDBHG`MFa4       + ( ! m% * "      " + 4    "    + 0% "4    "    + 0% #( D
                                                              ^  0   ^;=BBBBBz?
                                                               0ef  #  $# "ef  ;s=t@CA?uO@hD  .$ #  ( *+ $ 0 1'    #  *   "     &    $'5  ++#$# *   "    * #*0 # $ "     ,#$'  $  *%    (# (@KaBDbF`OEMGKEB@CDm pw  3"   # *  pT  3"   # * IBDbF`OEMGKEBOK#  ,    *+ )#*+  +    "$ + ( ! IBFGKLMAMGKEBMKB@BIMCDBHG`MFaBME
                                                              " 1'#  #   *+ 1'#  #  ;v=JKBIMCDBMKEOC@KFDBHG`MFaB?GdBR # *  px  3"   # * f =lMKLBA?DBGLLBR@KBGOABMKBCDEHDFABG "    + 0% "# # ) 4    0%      $# *    " *$ (#* $# *' *!   & $ (    $   BKORcDCBG0 p7+ 67







             -./ & "  $ $#   1'          #     $ "$ + 0% 23"     & 4    "     "  *$ #   '   + 0%     $# * #   678   "BPCGQC@ +# (  #X   # )  4# $ + Y# )  0 GIBJKLM@KBNDMKEO  # ) ] 4# $DBHG`MF  +ef,   #*! BGKB@FFGOKABGIBEOcEMLDK         T"        pT         6TGLE=BB_?GGEDBA?DBFGCCDFABGKD    $# *  & [29"$# *  & " (  *%  *!#*    }  ""  +#$ +  *!#*
                         !     "   "#$%  & $'  (  ) $ #    #*    + ,#$' -./  *+' RRDS    6T7 / C@KFD +  # ) aBMEEODLBAGFDBGI # *3$ *\^^=lt{BLMEFGOKABF@KBcDBQC@KADLBcaBGKDBGIBA?DBIG``GdMKQBRDA?|    }
          " /





















                                                              + :^g0 9* 4"+" ^k=lMCDB…OEMKDE e4 *! 1 #   # 0# #$
                                                              "e
                                                                V    #* $0 .*    ! *"#   0% .Yf9 *   & $'   0=lM  9 V $  #   f ( !  [#W    #"% .     $ *+    * €   ^i=l  p $ 9WY.4] 677yp $  2W12Vm2Y] 677y+EBMEBr†>BGKBA?DBc@EMEBG%W  &#$ V  !#*
          ;; 0+ :   9     eW ;`@KLBcD`G0 /  #( #    % 0    * #( #  * $ + ;i=j e '  $    # +0e $ ")   *+  ! #* $ ")  #*+e[  "$  ;k=jD e     *   &  "$  m # +#*!"eW     $% #+e.*+  $ #     " $#  T
          "e0e eY
             $'  &    " (+ 9    & $'   0   ;<=>?  T8 U   *+   &    / $ #( (  " / * # $+ 4# $ +  # )     $WV4   9    & $'   0  =>PCGQC@RRDS : $   $ *$# *  [#  $          *+ -./* \ Y#  *+ 4  !  Y# ) 9+ #" &;^=_IG``GdMKQBHCGHDCAMDE,   W  *$"e1 3$#   [ "$  g=_C@FhEB@HHD@CMKQBMKB@BcOM`LMKQd  [#      #"% ,#   "     $'       ,#$'  $      #  0   [# # * 0  * $ ) * DF`@C@AMGKBPG`MFaBF@KBcDBMEEODLBIGC!    "    Y # , %  #+#*! $# * #*  $ ")F`@C@AMGKBHG`MFaBIGCBlMCDBMEBQMZDKBIGC$#*!  $
                       	 
      
      	          ;n=jDF`@C@AMGKBPG`MFaB?@EBRMKMRORBo=J=BGI0eY  p7 "     +eY  7 T7 "
          0 " 1'  * $   $ #* + & "  $ $#    "  *#   #*  5        : *   & $'   0    @AB@CDBA?DBEFGHDEBGIBJKLM@KBNDMKEOC@KFD!  #   & T7 /  WV4    &  #(       #"#    *+ V  6T7 /  WV4  *+  ?@AB@CDBA?DBZ@CMGOEBFGRHGKDKAEB    ) ) 0  ) +  # ) ] V +# (  #X +  $'   0    GRHO`EGCaBDbFDEEBMEBKGAB@HH`MF@c`DBAGBIMC0e/  $'  '*%  3$ * # % 0        #"% ,   + '    "     + $'  "  #( ' +  *  " .*      " * !  *$  $ $' #  ,# '     CDB@ABoOHH`MDC~EBPCDRMEDEBF@KBcDB@BH@CABGI   W  #"%     #"%*
   41   42   43   44   45   46   47   48   49   50   51