According to Brian Duperreault during his speech at the Rendez-Vous de Septembre reinsurance meeting in Monte Carlo:
“It’s instant gratification. When you bind a big piece of business, as a broker you celebrate. As a carrier, you don’t know whether to laugh or cry.”
Thanks to Regis Coccia for the original post over at Business Insurance. (He’s looking after Sally’s column while she’s away.)
