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IGI's CoR improves 17.5 points to 74.8% in Q2
The combined ratio improvement was driven by an increase in net premiums earned, favorable development of net loss reserves from prior accident years and current devaluation.
Latest News
The leadership contender is said to be privately critical of the FCA, which has been beset by strikes and delays.
The international and specialty units now contribute almost half the group’s annual income as the firm continues to diversify.
A team within the Lloyd’s, DXC and IUA joint venture is working on the gateway – a pivotal element of the digital solutions for BP2.
Business will be written directly into Syndicate 5623 from 1 January 2023.
Opinion
Lloyd’s to create DA data strategy amid delay to key BP2 workstream
The Corporation has resequenced a key Blueprint workstream for delegated authority business, as it looks to create a data strategy for DA in Q4.
Most Read
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Opinion: The R&Q soap opera returns for another series
18 August 2022 -
Truss considering merging FCA, PRA and PSR if in power: FT
18 August 2022
Analysis
Swiss Re, Munich Re, Hannover Re and Scor have set out their strategies on inflation, pricing and Ukraine.
The first six months have been characterised by substantial double-digit growth and further improvement in underwriting performance.
Carriers in the class are reassessing risk appetites amid inflation, the Ukraine war and a growing risk of countries defaulting on sovereign debt.
The market is concerned about potential claims from the Hellenic War Risks mutual, which has ships worth around $350mn stuck in the Black Sea.
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Killourhy named Postlewhite’s replacement at QBE Re
18 August 2022 -
IRB Brasil blows through retro cover, explores LPT
18 August 2022 -
Vida Capital voices support for R&Q exec chairman Spiegel
17 August 2022 -
Mosaic to hire Chubb senior PV underwriter for Dubai team
17 August 2022
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Premia enters into LPT for Hiscox Syndicate 33
17 August 2022 -
Liberty Mutual names Rodriguez reinsurance CUO
16 August 2022
Interviews
Interviews
Investors are beginning to pull back from writing $50mn+ funding cheques for InsurTechs, according to Zach Powell, general partner at Eos Ventures.
The capital provider believes the time is ripe to take on increased underwriting risk.
InsurTechs with diversified teams and deep-rooted technology are more likely to survive the current funding drought, according to MS&AD Ventures’ Jon Soberg.
As partner at major InsurTech investor Anthemis, Ruth Foxe Blader explained to Insurance Insider why venture capitalists are pumping the brakes on InsurTech funding.
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ILS adjusts its stride to adapt to higher inflation
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Allstate Q2: A deeper dive into auto body repair, rates, and loss cost trends
The personal lines insurer’s results were also impacted by the states’ regulatory climates and inflationary trends.
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‘Obfuscated’ Social Inflation Illuminated Again as Insurers Fight Back
A pandemic reprieve has given way to mounting concern about mammoth jury awards.
