InsiderScope London panellists demand market discipline
Speakers at InsiderScope London called for market discipline from
carriers and brokers, as the panel acknowledged the industry was
treading on thin ice when it came to profitability.
Arch chairman and CEO Dinos Iordanou said (re)insurers
traditionally had "not done well in managing, financing and
transferring risks for our clients in a smart and consistent
way".
The industry has also not been pricing risk consistently, he
added. The executive pointed to US P&C pricing on large
accounts, whic
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