Insight and Intelligence on the Global Facultative Markets

5 February 2012

Bolt raises US D&F concerns

12 July 2010

Tom Bolt, director of performance management at Lloyd's, said he was especially concerned about "unsustainable" reserve releases in the casualty market, according to analysts at stockbroker Collins Stewart.

The analysts said that casualty lines remain the area of greatest concern for Bolt, with motor, energy and US direct and facultative property cited as other weak markets.

In a note following a meeting with the former Berkshire Hathaway executive, the analysts reported that Bolt's message was consistent with that given with...

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