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Interview - No Limit to potential.
(From Reinsurance)
Byline: Isobel McCalman.
Peter Grove has little sympathy with the view that underwriting discipline and profit have re-emerged as the priority for the (re)insurance sector. "I think the priority should always be to make a bottom line profit," he says. As a lead underwriter of reinsurance and retrocession business for 20 years he sees the business, particularly on the reinsurance side, as functioning "by managing the exposures, the accumulations and of course the whole business runs on the capital base with the premium income. You decide, by monitoring the exposures you have, what the reinsurance requirement is."
This view of ...
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