Would You Believe 2010?: Lloyds Underwriter International Editor

London

Looking at historical trends, there is compelling evidence to suggest that the bottom of the current underwriting cycle will occur in 2010, a Lloyds underwriter said here, with his tongue firmly placed in his cheek.

Kidding aside, Andrew Carrier, active underwriter for the Kiln Group, a Lloyds managing agency, added his name to a growing list of prognosticators last week, saying that there are, in fact, unprecedented new factors affecting the current market that bode well for the maintenance of disciplined underwriting. (See related story, this page, for another view.)

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