Despite recently strong financial results, insurers might be teetering on the brink of disaster unless they exercise financial responsibility, embrace globalization and better educate the public about their industry, a top Lloyd’s official warned here last week.

Julian James, Lloyd’s director of worldwide markets, noted forecasts that 2006 profits for property-casualty insurers could be the best in 51 years at up to $60 billion, with return on equity of 14.5 percent.

Want to continue reading?
Become a Free
PropertyCasualty360 Digital Reader.


  • All news coverage, best practices, and in-depth analysis.
  • Educational webcasts, resources from industry leaders, and informative newsletters.
  • Other award-winning websites including and

Already have an account?



Join PropertyCasualty360

Don’t miss crucial news and insights you need to make informed decisions for your P&C insurance business. Join now!

  • Unlimited access to - your roadmap to thriving in a disrupted environment
  • Access to other award-winning ALM websites including, and
  • Exclusive discounts on PropertyCasualty360, National Underwriter, Claims and ALM events

Already have an account? Sign In Now
Join PropertyCasualty360

Copyright © 2023 ALM Global, LLC. All Rights Reserved.