Best anticipates new business margins to continue to decrease due to the move toward more competitive and commoditised protection products. |
Moreover, due to slow market growth, several classes of additives are becoming commoditised, thereby losing their importance as specialty chemicals, says the analyst. |
However, as underwriting skills throughout the world develop, more classes of business have become commoditised and Lloyd's must develop new products. |
It pioneered and eventually withdrew from manufacturing personal computers when they became commoditised and could be made more cheaply by somebody else. |
This is a generation that will know of nothing that isn't commoditised and cannot be packaged up and sold back to us. |
Bidders are likely to offload parts of the group, which has struggled as its market has become increasingly commoditised. |