“We expect to continue to grow.”

In context

“Jon Hancock (President, General Insurance): Thanks. I won't repeat what's been said. We take a prudent approach and know where we are in the cycle. We've been expecting it and preparing for it, and we're managing it. We have a diverse global portfolio with different dynamics and risk attributes. It's a competitive market, but there are lots of good growth opportunities. For example, Global Specialty is an area where we're market leaders and have seen several years of significant rate increases and strong profit. That leadership allows us to pursue the business we want and remain disciplined on risk-adjusted returns. We expect to continue to grow. Energy is strategically important and one of the strongest long-term underwriting franchises we have. Right now, pricing in that market is not reflective of loss activity or underlying risks, and we're taking the appropriate actions and monitoring closely. On the opposite end, Accident & Health is high-volume, low-limit; we're a recognized leader and are showing solid growth with a strong pipeline and notable wins. Those are two micro examples across a broad portfolio.”