Opinion: Broker commission pressure highlights reinsurers’ power ahead of 1.1
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Opinion: Broker commission pressure highlights reinsurers’ power ahead of 1.1

Rachel Dalton
09 November 2022
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Recent moves by a handful of multi-platform reinsurers to discontinue US cat underwriting in London are symptomatic of the hard market – but also serve to highlight what some see as the disadvantages of trading in the historic reinsurance hub.

As we revealed on Friday, Fidelis has informed London brokers that it will only write US cat via its Bermuda platform, where it already writes...

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Topics

News Brokers Fidelis Insurance Group Lancashire Bermuda London market
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Rachel Dalton
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