London Market Still Has Much To Prove
Against a backdrop of dismal market conditions, London insurers and Lloyds syndicates are starting to feel the pain. Questions are now being posed regarding the likelihood of future underwriting profits in a market once renowned for its innovative skills.
Undoubtedly the last few years amount to one of the most severe periods of competitive underwriting, and London, like its international counterparts, is suffering as a result.
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