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Lloyd’s carriers lag in portfolio management capability

Research from Lloyd’s and Willis Towers Watson suggests portfolio management can shave points off combined ratios.

Hiscox Action Group seeks £52mn in BI claims

Law firm Mishcon de Reya also targets additional compensation due to pay-out “delays”.

US trade credit insurers make case for $60bn backstop: reports

Similar government schemes have been launched in the UK, Germany and France.

Aspen reinsurance bidding process reaches second phase

Guy Carp, Aon and TigerRisk are among the intermediaries that have submitted bids.

• The Week in 90 Seconds
• Private broker valuations to fall due to Covid-19 crisis: NFP
• Opinion: Nephila makes it three on follow-only
• Gender pay gap figures skate over nuances of pay inequality: panel
• Mishcon de Reya secures funding for dentists vs QBE litigation
• Citizens’ private reinsurance costs rise 20%

Opinion

Handled badly, the pandemic could inspire yet more draconian regulation for the sector

The ABI’s £1bn Pool Re land-grab and the ‘anti-Pria’ dramatise the industry’s Covid-19 challenges

Case has won a key vote of confidence from Aon staff, but this is not an unqualified victory

Part payments to BI claimants would spare both sides a slow move to a binary outcome

In Brief

Cristobal heads to Gulf after drenching Mexico

AJ Gallagher names sports practice head

Generali reshuffles commercial P&C management

Axis Re hires property underwriter in Singapore

BMS expands in reinsurance with Wiltshire and Titcomb hires

Steamship Mutual returns to underwriting profit

Analysis

Insider 50: Global P&C stocks outpace wider market in May

The index grew by 5.1 percent as stock markets continue to recover from Covid-19-induced record lows in March.

Insurance gender pay gap narrows to 30% but still over double UK average

Analysis of the limited number of insurance company reporters shows a slight improvement in median gender pay for 2019.

London Matters 2020: Four major takeaways

This publication digs into the report for details on performance, growth drivers, market concentration and skillset.

Global prices up 14% in Q1 as correction accelerates: Marsh

Average price growth accelerated to the fastest pace since the recovery began at the end of 2017.

Trubshaw and Martin top the US Property Cat Rankings for third consecutive year

Some 126 brokers and 95 underwriters featured on the overall leaderboard.

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