Welcome to the first episode of Behind the Headlines, a fortnightly podcast hosted by Insurance Insider's senior reporter Sam Casey.
In this week's episode:
Alistair Swift – head of global lines of business, corporate risk and broking at WTW – tells Behind the Headlines we are past the peak of the hard market.
Underwriters are like black cab drivers and are only ever going to talk the market up
Growth ambitions are increasing competition and putting pressure on rates
A desire to expand is being driven by broadly adequate rates across most classes
Editor-at-Large Adam McNestrie provides in-depth analysis for Lloyd’s strategy through to 2025, as the Corporation looks to become a $100bn marketplace.
Lloyd's is going ‘big game hunting’ to attract major global insurers to the market
It is looking to capitalise further on the booming E&S market in the US
Tensions could emerge around hitting growth ambitions and retaining strong underwriting results, as stellar performance is anticipated for 2023