Market divided over Aon Client Treaty

More than half a dozen Lloyd's managing agents look set to sign
up to Aon's mammoth facility the Aon Client Treaty (ACT) with
the Corporation's blessing, but the response from
non-participating carriers has been largely negative, according to
a range of senior market sources.
Participating carriers are reticent about discussing the deal
given the non-disclosure agreements that are in place. However,
canvassing suggests that those writing lines are attracted by the
major expense advantage, the bo