Underwriting must improve, says Keeling
Growing pressure on investment income means underwriting must "be king" for insurers to survive the economic downturn, Henry Keeling, former vice president and chief executive officer of XL Capital, told delegates at the Xchanging conference on Wednesday.
Mr Keeling, who retired from the Bermuda-based company in August, put the pressures on the insurance industry into context by describing the economy as "heading for a downturn the likes that none of
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