Lloyds Bank's Bill Cooper on M&A in a challenging market

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Bill Cooper, managing director and general head of insurance Lloyds Bank Commercial Banking

While future premiums will be repriced to reflect the lower rate, the immediate effect of this change has been to place a further strain on insurers' earnings and profitability. It's the latest challenge for a market that is struggling to adjust to seismic economic, political and regulatory change. The macro-economic climate remains problematic for insurers, which are struggling to make decent returns on the investments they hold to cover potential claims. With interest rates at historic l