After a decade of market softening and steady widening of terms and conditions, recently London Market carriers have become far more active in managing the underperforming sections of their portfolios. Lacklustre classes have been re-underwritten or dropped altogether and greater focus applied to trimming loss ratios and enhancing prospective returns. Following the catastrophe events of the past 2 years even the most indiscriminate of ILS investors are also becoming more discerning in their allocations of capital.
Pricing and prospective returns have already responded positively in many lines. How should London carriers build on this positive momentum? How should the leadership of the London Market be positioning itself now that so much progress has been so hard won? However capacity remains abundant and pricing is looking more attractive, so how long can this new-found discipline last? How should brokers and their clients best navigate this changing world?
The Insurance Insider London Market Conference – well attended, thought-provoking and strategic event for (re)insurance professionals, executives and advisers involved with the London market. Learn the latest thinking from an unrivalled gathering of industry luminaries and make the most of extensive opportunities to network with them and all of your sector peers.