Opinion: Allied aviation transfer offers efficiency pointers

(Re)insurance executives are aware the industry's cost base
is far too high and frequently take to the stage to denounce this
scourge of profitability.
They lament the inertia of Lloyd's and company market
carriers alike in failing to tackle the issue decisively, warning
with stern faces that if expenses continue at current levels it
will ultimately open the door to other lower-cost alternatives.
The debate has now reached a point where astute expense control
has come to be viewed as...