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On average, syndicates which show consistency in their underwriting results also deliver higher underwriting margins. -
The results challenge the idea that syndicates need to build scale at Lloyd’s in order to succeed in the marketplace.
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Whatever their eventual impact on runaway loss inflation the fact reforms were enacted at all is a happy surprise for the industry.
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Many carriers agreed on the growing attraction of primary markets but differed on reinsurance-expansion tactics.
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The February Deep Freeze has already pushed cedants to access reinsurance, adding fuel for rate rises later this year.
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Analysis of the numbers by Insurance Insider showed a slight loosening of the Corporation’s restrictions on growth between 2019 and 2020.
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Underwriters voiced a cautious optimism about the outlook for 2020, but warned that the class was moving from a low point.
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After years of poor performance and talent flight, Insurance Insider examines the challenges faced by Axa XL and the strengths it holds to forge a new start.
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An increased frequency and severity of fires weigh on per-risk covers.
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Willis Re data on Florida participants’ deteriorating CoRs and solvency highlights the challenges to be faced at this year’s 1 June renewal.
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Hannover Re has emerged as an outlier by reducing its overall 2020 dividend, but its growth plans may alleviate disappointment about the policy.
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As some in the market believe the winter claims will remain notably below $20bn, there are multiple factors creating challenges in assessing the event.
