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Reinsurers foresee pricing slide accelerating amid European cat competition
Reinsurers are willing to concede on pricing, while cyber interest is on the rise.
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Property pricing fell by 8%, while casualty rate increases tapered to 3%.
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The financial services growth strategy could be “turbo-charged” by involving brokers, it said.
Latest News
Latest news
Sam Geddes will join Syndicate 1918 next year in an executive leadership role.
The company noted tougher market conditions and higher large losses during the year.
Majority shareholder Fosun will continue to hold the remaining 86.7% of shares.
The traditionally lucrative class has faced a series of challenges in the latest geopolitical crisis.
Opinion
Featured and most read
Featured and most read
Featured
AI progress: AI won't digitise broking – but it will everything around it
Part five in our series looks at how AI can empower brokers to add value as well as speed.
Most read
Analysis
Analysis
Insurance grad vacancies were down 18% year-on-year in the UK, ahead of a 3% nationwide drop.
Differentiating Lloyd’s claims performance could help drive business to the market.
Carriers are rethinking the traditional renewal-rights model.
Despite a rocky H1, 2025 insured losses from nat cat events may not surpass 2024 levels.
Interviews
Interviews
The syndicate says it will not set any top-line targets on digital follow strategies.
The CEO said that IGI’s action within its PI book showed it was ready to walk away from unprofitable business.
The European broker said a London wholesaler is the ‘missing piece’ of its strategy.
The MGA is also looking to build out its US mid-market professional liability expertise.
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