Lancashire
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Beazley, Hiscox and Lancashire all grew in Q1 despite widespread rate decreases. -
Plus, the latest people moves and all the top news of the week.
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The CUO described the pricing dynamics in the line as “strong and good”.
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The carrier estimated its California wildfire loss at $145mn-$165mn.
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Hiscox, Beazley and Lancashire all reported top line growth, but ROEs dipped in an active wind season.
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Plus, the latest people moves and all the top news of the week.
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CEO Alex Maloney said the LA fires might prompt some carriers to go more “risk-off”.
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The carrier reported an undiscounted combined ratio of 89.1%.
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Lloyd’s CEO pay is lowest compared to major LSE-traded specialty insurers by a considerable margin.
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The carrier is “extremely well capitalised” to achieve its strategic ambitions.
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James Irvine will report to Cathal Carr, CEO and active underwriter of Oak syndicate 2843.
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