Lloyd's market share could be hit by mergers: Fitch

The merger and acquisition trend in the insurance and reinsurance sector could be a threat to Lloyd's of London's business share, according to Fitch Ratings Ltd., reported Artemis.bm.

The resultant specialist entities arising out of the M&A activities might have "flexibility in choosing whether they want to underwrite through their own brand or use the Lloyd's platform," said Fitch.

Maintaining and increasing its focus on innovative products can help Lloyd's mitigate any negative effect from the M&A trend, added Fitch.

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