Deloitte reports reinsurance M&As could hurt Lloyd's

In a recent report, Deloitte said the rush of reinsurance M&A activity could be a “double-edged sword” for the Lloyd’s market. Reinsurers seem eager to grab a bigger piece of the Lloyd’s pie, but Deloitte said consolidation could hurt the market in the long run. Recent deals include Fairfax Financial’s proposed acquisition of Brit…and XL’s deal to acquire Catlin.

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