Solvency II cited for 2012 start-up freeze
Lloyd's cautious stance ahead of Solvency II implementation and the soft market are being cited as reasons for the lack of 1 January syndicate start-ups.
Speaking to The Insurance Insider at Baden-Baden in October, Lloyd's franchise performance director Tom Bolt admitted that the market's pipeline "is not as full as it has been for pure new entrants".
Click to enlarge
Bolt's comments echo a number of senior market
sources that have noted in recent months that it is currently very...
You are currently viewing an incomplete version of this article. If you are a subscriber then please login now. If you are a non-subscriber but would like to be able to view this article, then please select from the purchasing options below.
Purchase
Follow us:
