Continuing soft rating environment reflected in London market results
Full-year results released by London market players to date are reflective of the continuing soft rating environment and companies' reserve releasing strategies, according to analysts. In addition, questions have been raised over whether inflated company valuations are leading to a slow-down in acquisitions in the sector.
Lloyd's players Brit and Lancashire reported a decline in post-tax profit and gross written premiums for 2015 with the firms' CEOs citing pricing pressures and the challenging market environment as
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