Increasingly assets being bid on by in-market consolidators, private equity and run-off firms.
We are currently selling pea shooters when the client needs a bazooka.
Hamilton’s acquisition of Pembroke radically changes its business profile.
Benchimol hopeful of mid-year correction after disappointing 1 January renewal.
The news follows on the back of AIG discussing concerns over concentration in private client group
Helping instil underwriting discipline among Lloyd’s syndicates and advancing the London market’s digitisation push are top of the new chief’s ‘to do’ list.
Underwriters are preparing for a major claim from Boeing and fear another loss-making year.
Regulatory initiatives on both sides of the post-Brexit border have eased contract continuity worries, the ratings agency notes.
With two consecutive years of heavy catastrophe losses, it’s clear why Swiss Re won’t throw caution to the wind – even though the days when it went cap in hand to Warren Buffett are long gone.
The five listed Florida-based P&C insurers were pushed into the red by adverse reserve development and Hurricane Michael.
Losses from Hurricane Irma loss have crept up by between 58 percent and 140 percent for Floridian specialist carriers.
LGT led the way with its rated start-up Lumen Re.