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Headline

Frontrunners emerge for Clyde & Co senior partner role

Comment

Does anyone know why Clyde's profit margin is only 25%? A few years' ago it would have been closer to mid-30's. Given some aspects of the international business are very high margin indeed (eg the Middle East), this suggests the core UK insurance business is under enormous pricing pressure and is in steady profit decline. And this will be hastened by the BLG takeover.

Posted date

4-Jan-2013

Posted time

2:53 pm

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