August 2018/3
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If you have a market full of horse-riders, you can’t just expect them all to get a driving licence and switch over to motor cars overnight.
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Lloyd’s presentation slides from July obtained by The Insurance Insider throw a harsh spotlight on non-US professional indemnity business.
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Elementum, Fermat and Credit Suisse make their debut on the cover at the state-backed catastrophe fund.
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For the first time in six years, cat bond pricing in relation to assumed risk has started to increase, an S&P report showed.
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The ILS manager said it had extracted a 43 percent rate increase from buyers of the retro product and expected rates to hold stable in 2019.
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It remains the case that the structure of some developing world markets is stymieing progress to close the protection gap.
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The theory goes that those Lloyd’s syndicates that can hold their nerve the longest will be rewardedIn a competitive market, no single participant wants its rivals to gain from its downfall.
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‘Raging wildfires’ to become more common despite quietest H1 in a decade
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