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Growth plans are common in the market but there are questions about the level of rating adequacy.
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Earnings reports from Swiss Re, Munich Re and Scor have revealed increased cat budgets and highlighted continued shifts away from frequency coverage.
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Insurance Insider does the data work on how Ki’s first-year numbers compare with other Lloyd’s start-ups.
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Underwriters are navigating tricky territory as they look to hit growth targets while maintaining discipline on pricing.
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Improved underwriting performance and double-digit top line growth at most carriers has characterised results reported so far.
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Scor’s renewals update denotes a continued push to control volatility while Hannover Re is focused on growth.
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A hardening market, competition from start-ups and macro conditions have combined to drive up staff costs.
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With government guidance lifted, there is a growing pressure for an in-person presence in the London market.
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London market intermediaries are benefiting from rocketing organic growth and boosted revenues.
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Data obtained from PRA and FCA shows fewer Skilled Persons Reviews in recent years – but the tool remains a valuable one for regulators.
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Increased competition is shifting market dynamics after a transformation in rating conditions.
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Fire season in the US ran slightly later than usual in 2021, but total losses will fall far short of 2017-18 peaks.