The company looks to address a tax issue faced by its major backers without a strategic pivot.
If you have a market full of horse-riders, you can’t just expect them all to get a driving licence and switch over to motor cars overnight.
Lloyd’s presentation slides from July obtained by The Insurance Insider throw a harsh spotlight on non-US professional indemnity business.
‘Raging wildfires’ to become more common despite quietest H1 in a decade
In a competitive market, no single participant wants its rivals to gain from its downfall.
It remains the case that the structure of some developing world markets is stymieing progress to close the protection gap.
The ILS manager said it had extracted a 43 percent rate increase from buyers of the retro product and expected rates to hold stable in 2019.
For the first time in six years, cat bond pricing in relation to assumed risk has started to increase, an S&P report showed.
Elementum, Fermat and Credit Suisse make their debut on the cover at the state-backed catastrophe fund.