Strong enough to face the challenge

There can be little doubting the London market’s underlying capability, writes MARIE-LOUISE ROSSI. But there are obstacles to be overcome in the near future

LAST year, the London company market showed a positive cashflow of more than £2.5bn ($4.5bn), according to statistics produced by the International Underwriting Association (IUA). This was up more than £500m on 2002 and nearly 10 times the figure recorded for 2001.