WR Berkley chairman and CEO Bill Berkley has argued that the US insurance industry is not in a hard market, highlighting excessive competition and irresponsible reserve management from certain companies as brakes on earnings recovery in the sector.
WR Berkley chairman and CEO Bill Berkley has argued that the US insurance industry is not in a hard market, highlighting excessive competition and irresponsible reserve management from certain companies as brakes on earnings recovery in the sector.