Cat liability concerns spell opportunity for London financial lines
The London market has a "huge opportunity" to make itself the market of choice for the liability programmes of major corporates and financial institutions if it can generate the capacity for major catastrophic risks that the market is sorely lacking, according to the head of placement at Marsh's financial and professional lines business Matthew Rolph.
Speaking to The Insurance Insider at this week's Airmic Conference, Rolph said that a capacity crunch in the directors and officers (D&O) and professional indemnity...
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