Report shows London losing reinsurance share

Sun, 05/14/2017 - 20:20
by Raymond Hainey

London is at risk of losing its global share and importance in reinsurance to places like Bermuda, a new report has warned.

“London Matters — The Competitive Position of the London Insurance Market”, commissioned by the London Market Group, said that the City of London’s share or reinsurance had dropped from 13.4 per cent in 2013 to 12.3 per cent in 2015.

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