Ben Canagaretna, managing director of the London corporate advisory and solutions business at Acrisure Re, recently shared his insight with Insurance Insider. According to the publication, “The legacy market is experiencing pressure on returns as it works through a new era of increased deal competition, with new entrants to the space and rising private equity influence.”
Ben said: “Players are having to be a bit more thoughtful around what their risk appetite is. For example, being competitive where they can demonstrably add value on claims or they have a better understanding of the risk.”
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