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Expectations that reductions would cap out at low double digits are fading due to capacity oversupply. -
The syndicate will be managed by Polo Managing Agency.
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The marine insurer said a volatile claims environment necessitated rate adjustments.
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BNP Paribas will take a EUR1.11bn stake in Ageas.
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The mechanism would work similarly to Flood Re.
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The CEO conceded some might see Swiss Re’s dividend targets for 2026 as “underwhelming”.
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Charlotte Pritchard is set to succeed Andrew Creed, effective 5 January.
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According to the Civil Unrest Index, protest activity has soared over the past two years.
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Plus, the latest people moves and all the top news of the week.
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The reinsurer’s “refreshed” strategy to focus on AI and a new share-buyback programme.
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One critical sticking point for Lloyd’s is the true alignment of interest with the market.
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All-risks premium increases are now understood to be in the 15% to 20% range.
