Service providers in the legacy (re)insurance market are seeking new opportunities as traditional sources of revenue threaten to dry up in a UK run-off industry that continues to see liabilities shrink.
Speaking at the sixth AIRROC/R&Q commutations and networking event in New Jersey, KPMG's Mike Walker said: "The issue for service providers is that they have a lot of talent, but how do they deploy that and continue to make money in a market that is declining?"
The comment came...
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