Exhibit 2 - Pricing16LOCKTON COMPANIES |
Property –Renewal Summary
20LOCKTON COMPANIES |
Property -Marketing
Market Line of Business Response
AFM (Incumbent)Property Quoted
AIG Property Declined to quote -Appetite for this risk would be on a quota share (layered) program, typically in the excess position.
QBE Property Declined to quote –aggregation of values and wind/hail exposure is not in appetite.
Zurich Property Declined to quote –class of business and CAT Peril exposure is not in appetite.
Travelers Property
Declined to quote –has looked at the City of Denton Property program before
and is unable to compete with AFM’s pricing. Aggregation of risk and $500M
blanket limit presents challenges.