Interviews
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Lorraine Harfitt also discussed the Funds at Lloyd’s capital squeeze, and the prevailing mindset keeping women from CEO positions in the Lloyd’s market.
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Joe Gordon also reiterated plans to switch off PPL’s older Ebix Europe platform later this year, claiming some participants see friction with brokers “when it’s not there”.
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The US retailer’s acquisition of the UK MGA and broking group will be mutually beneficial, according to executives.
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The broker’s UK CEO said the current rating environment is ‘eminently supportable’ for London carriers.
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The fac-focused reinsurance unit expects to expand into treaty over the next year and attract additional talent to boost its operations.
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Sean McGovern, chair of the London Market Group, outlined why it is critical for the trade body’s outreach programme to build the market’s talent pipeline and attract data science expertise.
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The wholesaler’s new chief said owners Cinven and GIC have “long-term ambitions” for Miller now it has “regained its mojo”.
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Mark Cloutier set out Aspen’s plans for top-line 2023 growth in the range of 10%, and a continued strategy of pursuing rate rather than exposure growth in property cat.
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The broking CEO set out the London wholesaler’s growth strategy a year on from the AUB takeover announcement.
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The broker’s international chairman said that without an influx of new capacity, the market will remain disciplined.
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MS Amlin Syndicate 2001 – one of the largest in the Lloyd’s market – reported a combined ratio of 99.9% for 2022.
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The executives said the P&I market needs to be “very careful” about underwriting conditions.
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