Broker M&A a ‘double-edged sword’ for the market: Munich Re’s Hoare
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Broker M&A a ‘double-edged sword’ for the market: Munich Re’s Hoare

Samuel Casey
07 April 2021
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Major consolidation of brokers is a “double-edged sword” for the market, increasing the strength of data and resources but limiting choices for clients, according to Munich Re Syndicate’s group CUO Dominick Hoare.

The executive said that as a buyer of reinsurance, he was concerned about the consolidation of the reinsurance broking community in London and worldwide, citing the forthcoming impact of the Aon-Willis merger.

Hoare

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Samuel Casey
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