Gallagher’s Weyman: Direct aviation remains buyer’s market amid surplus capacitySurplus capacity remains in the direct aviation market despite the backdrop of high-profile losses suffered by (re)insurers in recent years, according to Gallagher Aerospace global executive Nigel Weyman.
In recent years both insurers’ and reinsurers’ return on equity have dipped, while the top five reinsurance intermediaries have performed strongly. This is not sustainable.Andrew Matson, CEO of Augment Risk, speaking after its hire of Alan Quilter
B&W’s Gatewood: E&S personal lines capacity going to distributors “who can deliver good results” TVBurns & Wilcox’s head of personal lines Bill Gatewood said that insurers are being more selective in allocating capacity to wholesalers, and that amid generally distressed conditions, some parts of the country are approaching rate adequacy.
