Interviews

Bob Peterson: Still ‘headroom’ for pricing increases due to market ‘peaks and troughs’

By 2021-07-14T11:08:00

arrows, peaks and troughs

Lonmar’s executive director of London market risk encourages Lloyd’s underwriters to return to the capital if they wish to retain the market’s ‘market leading, global position’

The “peaks and troughs” of hard and soft market fluctuations does not do “an awful lot of good in terms of final clients’ outcome”, especially as “there is still some headroom for further [price] increases” as a result of today’s hard market conditions, says Bob Peterson, executive director of London market risk at independent London market broker Lonmar.

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