The insurer’s new £500mn legacy sell-off brings into focus the £55bn reserve pot on Lime Street.
Excess rarely leads to good decision-making.
Policy limits in the class of business have not changed since their introduction in the 1980s.
Legal ruling could put insurers on the hook for damages for a problem that could total $8.75bn.
A data deficit means it’s often too early to make assumptions about rising global temperatures.
Renewal premium change in commercial insurance was up nearly 5 percent in 2018’s fourth quarter.
The trade association chief nevertheless downplayed scope for post-Brexit regulatory divergence.
A further delay to the already postponed insurance accounting standard is inadvisable.
With the adoption of electronic placement and utilisation of PPL in Lloyd’s, there is considerable cause for the industry to celebrate the innovation currently within the sector.
Conditions may be improving for some investors after wider ILS appetite has dampened, according to the broker.
Director Graham Coutts foresees a “flight back to quality” from cedants.