Excess proves elusive.
Many reinsurers have withdrawn from the unprofitable global marine market and the hunt for excess of loss cover intensifies. However, Adrian Leonard finds that the market is on the turn.
Wither marine excess of loss? At Lloyd's, the leading global marinetreaty market, the list of exits in 2001 is enough to make cedants
shudder.
"Marine excess of loss is almost gone," one underwriter
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