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Remedial actions start to bear fruit in primary property.
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The Insider 50 has fallen 39 percent since the end of January.
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Despite major increases reinsurers seem underwhelmed by the scale of the re-rating.
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The public disclosures from Lloyd’s players give an indication of the direction of travel for market performance.
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The biggest hit would come from the IOC’s $800mn event cancellation contract.
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Disparate attitudes between European reinsurers could temper aggressive rate increases at the key 1 April renewal.
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Munich Re's move to pull back capacity to Hippo comes as reinsurers are looking more cautiously at InsurTechs.
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The I50 produced its worst-ever monthly performance in February, compounding an already meagre start to 2020.
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London wholesalers are likely to book lower growth rates than their US peers
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Capacity in the credit and political risk insurance market has neared record levels in 2020, the broker said.
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The Corporation will buy a 40 percent stake in e-placing platform PPL.
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The illness could have a “catastrophic” impact if it starts to cause cancellations outside China, sources said.
