Analysis

Briefing: Where has all the capacity gone?

By 2024-03-28T08:00:00

Stuart Reid

The capacity conundrum is causing insurers to exit lines of business – leaving the door wide open for MGAs to get cosy with brokers to better serve end clients

The industry has seen market withdrawals hit numerous lines of business. This is hard to fathom when we have had such a surplus of capacity for so many years.

Sadly, what this development means for our clients is less choice and even higher premiums – exactly the opposite of what they need as the economy stutters.

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