Aegis London’s Powell: Market must seize specialty opportunity
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Aegis London’s Powell: Market must seize specialty opportunity

Alex Powell Aegis logo.jpg

The Lloyd’s market must pivot away from its “rehabilitation phase” to seize the opportunity presented by losses in the primary specialty market to drive rate and growth, according to Aegis London CEO Alex Powell.

The executive, who took over the business from David Croom-Johnson in June last year, said primary rates in specialty in particular had been slow to react to the hardened specialty reinsurance market and the changing profile of specialty risk...

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