London specialty pricing at H1 – Ticking clocks on hard and soft cycles
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London specialty pricing at H1 – Ticking clocks on hard and soft cycles

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This earnings season, executives at the major London carriers described how pricing is shifting in different cycles, with property hardening further while others continue to soften, and emphasised the need to know where each cycle has reached.

For property, the messaging from London-listed carrier CEOs on prolonged drivers of the hard market was emphatic.

Beazley CEO Adrian Cox hailed the “excellent conditions” in the class while Lancashire CEO Alex Maloney said insurers are seeing the “best underwriting...

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