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Layers of casualty value chain ‘pretty much aligned’: Acrisure Re’s Hedley
The broker said that businesses not investing in AI capabilities would be left behind.
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A roundup of all the news you need, including our podcast with Acrisure Re’s Simon Hedley.
Plus, the latest people moves and all the top news of the week.
The March 13-16 storms would mark the first billion-dollar US SCS event of the year.
The syndicate achieved a profit despite a “relatively heavy” catastrophe year.
Opinion
Featured
Lloyd’s must work towards double-digit return on capital: Keese
The Corporation’s CFO hailed profitable growth but warned syndicates to maintain discipline.
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Analysis
Sources warned some property XoL books are already running 50% loss ratios.
The proportion of women in lead underwriting roles still trails other leadership positions.
Some of the Big Four are slowing growth as the market softens.
The market improved on attritional losses in 2024 – but slowing rate growth raises queries over top-line momentum.
Interviews
The MGA’s GWP hit $4.6bn as the CEO labelled aviation all-risks rates “woefully inadequate”.
Syndicate 1984 is set to begin underwriting next month.
The company’s syndicate has booked an 87.4% combined ratio for 2024.
The executive said MGA and broking start-up activity looked set to continue.
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Get the inside scoop on the major stories shaping the London market through discussions with the journalists who broke them. Plus, hear from industry professionals on what these developments mean for the (re)insurance sector.
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