Lloyd's: ‘big queue’ of entrants in Lime Street
Lloyd's has confirmed there is a long line of aspiring entrants into Lime Street, proving that its popularity for accessing business remains undimmed despite tough market conditions.
But the trend is creating a dilemma for Lloyd's, which knows
that a large number of new arrivals will be unpopular with existing
(re)insurers already operating in brutally competitive markets.
"There is a big queue this year, but whether we will let
everyone in is another issue," Lloyd's CEO Richard Ward
told The...
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