Opportunistic capital may dampen post-event hardening
Thursday, 08 25 2016, Category: Insurance and Reinsurance, Country: World
Though most London market insurers are performing well and have strong balance sheets, they must beware of the threat of opportunistic capital exploiting any turn in the market. They must adapt their soft market strategies with this in mind, AM Best has claimed in a report.
AM believes insurers need to adapt their traditional soft market strategies to adhere to a changing operating environment, where diverse and plentiful capital is ready to quickly exploit any post-event market upturn.