JLT says rating environment remains weak


In a stock exchange statement JLT said that conditions in Europe had been "more challenging" for organic growth than in Latin America and Asia.

The statement read: "The insurance rating environment remains weak across most sectors with the international markets continuing to be particularly competitive.

"However, following the recent run of catastrophe losses, the London Market and more specifically the Lloyd's Market appears to be less receptive to further rate reductions."

The company claimed

Only users who have a paid subscription or are part of a corporate subscription are able to print or copy content.

To access these options, along with all other subscription benefits, please contact [email protected].

You are currently unable to copy this content. Please contact [email protected] to find out more.

To continue reading...

You need to sign in to use this feature. If you don’t have an Insurance Age account, please register now.

Sign in
You are currently on corporate access.

To use this feature you will need an individual account. If you have one already please sign in.

Sign in.

Alternatively you can request an indvidual account here: