Know your client - know your insurer

Times and conditions are tough. Many in the UK insurance industry are looking for a glimmer of rate ...

Times and conditions are tough. Many in the UK insurance industry are looking for a glimmer of rate hardening with the same eagerness as the rest of the population searched the skies for signs of summer. Some have pragmatically taken the view that drastic times call for drastic measures and, for many brokers, that means using unrated non-UK based capital. However, the fact is that in doing so they may be solving one problem only to exchange it for something potentially far worse down the line.

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