The growth of countries such as China, Brazil and India will inevitably lead to more business being written, and that will need new capital to support it, and more insurers, according to Lloyd’s of London Chairman John Nelson. “The challenge we have is to grow the Lloyd’s footprint into the emerging growth countries,” he said in a statement on the company’s website. “There’s an opportunity for Lloyd’s and for the United States, in the high-growth economies. What I hope to see is a situation where brokers are extending their networks, picking up new business across the world and placing it at Lloyd’s.”

As a result, Lloyd’s of London’s bottom line could be positively impacted by emerging market growth, according to Max Rudolph, a fellow with the Society of Actuaries and founder of Rudolph Financial Consulting. “Revenue will grow with bottom line results increasing if proper underwriting is performed,” he said. “Depending on the risks insured, there should be some benefits of diversification due to geographic variation and uncorrelated markets.”

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