The defection of 22 of Willis's highly rated fine art, jewellery and specie team to JLT last week has again brought the high level of competition for top specialty talent to the fore.
Marketform's Lloyd's Syndicate 2468 fell to a £16mn loss in 2014 as deteriorations in the Dutch medical malpractice business, Australian general liability binders and the sports element of its PA book pushed the combined ratio to 115.4 percent.
The defection of over 20 of Willis' highly rated fine art, jewellery and specie team to JLT has delivered a harsh blow to the nascent model proposed by Willis through its 85 percent partnership in independent London wholesaler Miller
