Broker Exchange: Hard market issues exacerbated by "rowing back"of local decision making

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Panelists also warned this could lead to another flurry of unrated offshore insurance providers entering the market to fill capacity gaps in distressed sectors.

In response to a question from the audience about was is impacting the current pricing environment, Airmic deputy CEO and technical director Julia Graham said: “I think there are different dynamics going on compared to different [hard] markets that we have lived through, and solvency and M&A have a role to play. But I think one of the

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