AFG’s decision to retain the group looks like a bet on improved pricing and market transformation.
Broader wordings are creating systemic exposure and pushing up loss ratios.
Analysis shows the size of a Lloyd’s syndicate lacks alignment with acquisition expenses.
The nature of partnerships between InsurTechs and incumbents is changing, according to attendees and speakers at the DIA Amsterdam conference.
The P&C industry P/B multiple increased to 1.41x, the highest level since 2007.
Axis and Swiss Re were able to top up on ILW cover at the lower end of their targeted costs.