Baden-Baden: - Lloyd's Tolle warns of underwriting shake-up
Rolf Tolle, Lloyd’s franchise performance director told delegates at an XL briefing at the reinsurance gathering in Baden Baden this week: “We are at the end of maybe the longest period of economic growth and, I have to say, of “cheap money” driving that growth in recent history and now the party is over.”
Mr Tolle, reports Eric Alexander, said he believed that the current turmoil in financial markets will have impacts on the insurance industry in a way that many people have never experienced before. “I
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