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Loss assessment is at an early stage, but senior sources suggested the claim could surpass $1bn.
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In the food and beverage market, rates are falling by an average of 3%-4%.
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Market softening means exploiting hardening niches is the name of the game.
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Underwriting oversight is top of the agenda for some, whilst others prioritise progress on tech and operations.
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High-net-worth binders and treaty exposures will bring significant claims to Lloyd’s writers.
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We explore the strands of the Lloyd's leader's six-year tenure, moving from remediation to growth mode.
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Carriers rushing headlong into gen AI without considering its ESG implications could face costly complications down the road.
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The path to Howden’s new era is steep – but the opportunity is vast.
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In part two of our 2025 outlook, we explore the drivers of carrier M&A and recreating the ESG agenda.
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Certain new and old themes will re-emerge this year as the balance of power shifts.
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As 2024 draws to a close, we reflect on the events of the year for the London market.