Lloyd’s schedules a meeting a runs a press release…
The truth is that Lloyd’s is the most expensive way to do business! Further, Lloyd’s underwriters are the reason for most of the soft market and lack of contract certainty in policy language.
For a long time Lloyd’s has lost large amounts of money and just as the US market is approaching stability in pricing they want to jump in and mess it all up.
Certain underwriters at Lloyd’s should be certain unemployed people in the insurance industry given their results…
Lloyd’s schedules a meeting a runs a press release…
The truth is that Lloyd’s is the most expensive way to do business! Further, Lloyd’s underwriters are the reason for most of the soft market and lack of contract certainty in policy language.
For a long time Lloyd’s has lost large amounts of money and just as the US market is approaching stability in pricing they want to jump in and mess it all up.
Certain underwriters at Lloyd’s should be certain unemployed people in the insurance industry given their results…
Globilization of the Insurance Market is not a popular subject in the US. We are doing just fine without placing our trust in Lloyds.