Property represents best opportunity for Lloyd’s market in 2024: Tiernan
The property line of business presents the greatest opportunity for the Lloyd’s market in 2024 from a pure underwriting perspective, as a need for capacity continues in the class, according to Lloyd’s chief of markets Patrick Tiernan.
The executive said in a press conference following the Lloyd’s Q3 market message that the property line “continues to need capacity” and there was “a lot of discipline” amongst underwriters.
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