May 2019/1
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My first experience of the gravitational pull of AIG came in the tight market of 1993.
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The UK’s impending exit from the EU has facilitated a sea change in the government’s understanding of the London market, the LMG CEO says.
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“Distressed” D&O market pushes for correction as professional indemnity notches up double-digit rate increases.
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Nephila has also stopped buying ILW cover as the market of buyers shrinks.
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Axa XL loses five underwriters in a week to major start-up, as markets wait on further moves.
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Financial lines, real estate and healthcare all at risk as key staff exit.
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Construction and downstream energy react to loss experience as upstream registers small increases.
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Marine hull defies market correction as cargo, property D&F and aviation surge.
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