February 2019/4
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Adverse development and a withdrawal of capacity are expected to lead to increased pricing for loss-affected Latin American accounts.
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Julian Enoizi, who was instrumental in bringing the £75mn Baltic Re terrorism cat bond to market, said using ILS for an exotic risk was “a long journey”.
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Leave clients to decide how they want to pay – it’s their money after all.
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The Australian Royal Commission into financial services misconduct has led to withdrawal of local capacity
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Combined profits held level at $4.9bn across 2017/18 despite a five-point worsening in the mutuals’ aggregated combined ratio. -
Brokers are pushing for a 5-10 percent rate increase on standard renewals.
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A lawsuit by Affinity Gaming against security firm Trustwave is raising awareness of the risk, according to a report.
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A recent private equity acquisition valued the broker at around 15x Ebitda.
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A creeping sense of optimism stems from specialty lines
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