April 2019/4
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In its 333-year history there is only one thing certain about Lloyd’s: about once a generation people make the mistake of writing it off.
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London-based D&O writers have “woken up” to the threat of creeping claims frequency and severity, sources said.
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The decision is the first judicial guidance about how primary carriers must present such liabilities.
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Initial guidance on the latest Residential Re transaction points to a spread well above comparable deals.
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The broker presents a unique opportunity for a variety of potential buyers, but the prospects of Pioneer are less favourable.
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Both early reporting companies reported positive data points on rate and growth.
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The PRA is right to act on climate change risk, but devising the correct response will test carriers’ prophetic powers.
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