The UK protection market can be an insular pool. If you need a bigger picture you need a reinsurer, so Paul Robertson talks to Jules Constantinou
If reinsurers can be said to have an advantage in assessing a market it would lie in their global perspective. So, it is somewhat surprising to hear that Jules Constantinou, Gen Re’s head of marketing in the UK, is quite up beat about the UK protection sector. He feels the UK protection market is near some breaking point, but in a good way. However, he notes that margins and prices are falling and the market is consolidating as players leave the game. “The sort of consolidation we are seeing in the primary market is not strange,” he says. “The difficult thing to understand is why it i...
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