Financial Lines Insurance Market Review – Q2 2018
In our last, March 2018, update we referred to the financial lines market as “showing a patchy response to several years of poor results” and as “inconsistent in its approach”. Little has changed, with, if anything, even more uncertainty affecting underwriters. Problem areas remain, with some new areas of focus, and a growing scrutiny from prudential regulators is doing nothing to calm underwriters’ nerves.
That said, there is still an abundance of capacity and substantial appetite, particularly for higher excess layers…
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