Legacy carrier returns under pressure in ‘frothy’ run-off market
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Legacy carrier returns under pressure in ‘frothy’ run-off market

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The legacy market is experiencing pressure on returns as it works through a new era of increased deal competition, with new entrants to the space and rising private equity influence.

The pressures come despite renewed interest in the run-off market by sellers, as it starts to shake off a decades-old stigma of legacy deals being associated with failure.

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