Tiernan, Turk say time to act on Lloyd’s discipline is now
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Tiernan, Turk say time to act on Lloyd’s discipline is now

CUO Rachel Turk said some syndicates were showing a “mismatch” in ambition and strategy.

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Lloyd’s chief of markets Patrick Tiernan and CUO Rachel Turk used their latest market message to urge managing agents to maintain underwriting discipline, as they warned some businesses risked “finding themselves strategically redundant over the next few years unless...

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