London grows but position under threat: IUA

The company market in London grew modestly in 2014 in the face
of softening rates, but its pre-eminent position within the
specialty (re)insurance market remains challenged, according to new
research published today (29 October) by the International
Underwriting Association (IUA).
In its latest report, the IUA said that the volume of company
market business written in EC3 had risen by 2.5 percent to
£15.9bn ($24.3bn) in 2014.
However, owing to a 5.2 percent reduction to £7.08bn in th