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
RPS’ Duffey: PAs must demonstrate improved risk selection and UW in challenging market TVIn a market where securing capacity in many areas of the P&C sector is difficult, expertise in a line of business is not enough on its own, with program administrators also needing to demonstrate they can use that knowledge to improve risk selection and underwriting, according to RPS Signature Programs president Russell Duffey.