Underwriting philosophies and the quest for profitability

Last week, the Bermuda based Trenwick Group bestowed a single corporate identity on its Lloyd’s and London companies’ market operations. But the reorganisation and the strategic repositioning of the two businesses that the re-branding reflects had been implemented as far back as April last year when the Trenwick board decided that some fundamental changes were needed to restore Chartwell Managing Agents Ltd and Trenwick International Ltd (formerly Sorema UK) to profitability.