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MS Amlin Syndicate 2001 marks turnaround with 2022 CoR of 99.9%
The results show 2022 was the first year in which MS Amlin Syndicate 2001 has reported an underwriting profit since 2015.
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Incoming Gallagher Re CEO Tom Wakefield will also report to EMEA CEO Matson, who gets an expanded role.
The underwriting head joined RJ Kiln in 2001.
Monica Tigleanu will be succeeded by Simone Hardy, who has been appointed senior underwriter, joining from The Channel Syndicate.
Panellists discussed the competition between the London and Nordic marine markets.
Opinion
Opinion
Fractured, unpredictable energy pricing evident in last-minute 1.4 renewals
London D&F underwriters are seeing rate rises of 20% on average amid surging in-flows of new US business ahead of the key 1 April renewals.
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McGill and Partners: The $400mn revenue challenge
30 March 2023
Analysis
London D&F underwriters are seeing rate rises of 20% on average amid surging in-flows of new US business ahead of the key 1 April renewals.
Last week’s headline results were in line with preliminary figures, but here are three Lloyd’s stories you may have missed.
In the aftermath of Silicon Valley Bank’s 11th-hour rescue, InsurTech investors have ramped up systemic risk controls across their portfolios amid a tightening funding landscape
The combined ratio reported by Lloyd’s for 2022 would put it in the top half of Insurance Insider’s peer group, analysis of preliminary results shows.
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Allianz names Park as global head of retro
31 March 2023
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Axis enlists Chubb’s Watt as chief claims officer
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Gallagher launches in Sweden with Bergfeldt at helm
30 March 2023 -
CCR Re books 98.7% CoR for 2022 as manmade losses strike
30 March 2023
Interviews
Interviews
The executives said the P&I market needs to be “very careful” about underwriting conditions.
Gard’s best underwriting results in 15 years was driven by the “extraordinary” lack of large losses in its commercial marine and energy business last year, according to CEO Rolf Thore Roppestad.
The executive said the carrier had sufficient “dry powder” to expand in hard market conditions.
The executive said the low claims of 2022 and the large losses of 2021 were anomalous.
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