Analysis
Analysis
-
Sources cited numerous issues with how collateral protection insurance was designed.
-
Hiscox, Beazley and Lancashire all delivered one-off capital returns while swerving casualty issues.
-
DDM is due to be removed as a core central service on 13 September.
-
On average, risks are being placed in a range of flat to up 5%.
-
Attention is fixed on how competition will impact pricing in H2.
-
CEO John Neal has ambitions to pull in more major insurers, E&S players and captives.
-
Rate increases have accelerated further after major losses in 2023.
-
Underwriters are pushing for rate rises, but competition is increasing.
-
Strong reinsurance results have absorbed long-tail reserve charges.
-
Investors are still keen on UK broking – but they may expect more for their money.
-
Fragile supply chains are driving up costs.
-
Being underweight US casualty gives the firm more room than peers to manoeuvre.
Most Recent
-
Computable contracts – Can they fix London’s DA problem?
19 March 2024 -
CFC enters carbon market with carbon delivery insurance
19 March 2024 -
Gallagher Re elevates Flasinski to NA CEO
18 March 2024 -
Axa XL Bermuda CEO Tannock plans to retire
18 March 2024