Insurers
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The Lloyd’s Market Association (LMA), setting out its “core asks” for 2026, has said it is expecting the market to achieve multiple peer-to-peer technology adoptions next year.
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The underwriter is set to leave the business after 20 years.
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McGill’s Underscore platform will identify eligible risks for Aegis to follow.
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Smaller syndicates are lifting their share of the market, as the top quartile also returned to growth.
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An “extraordinary” proportion of storms reached Category 5 status this year.
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Six of the 10 largest syndicates remained flat or reported de-emptions.
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Lower rates and currency shifts have pushed syndicates to cut stamp.
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Jaymin Patel joined Berkley Specialty London in 2021 as senior engineering underwriter.
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The carrier booked GWP growth of 6% for the first nine months of 2025.
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The carrier is looking to latch onto emerging economic trends where it can add expertise.
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The business is pursuing growth in Bermuda in captives, cyber ILS and alternative risks.
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In mid-morning training, the share price had fallen by 12%.