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A roundup of all the news you need today, including Perils’ insured loss estimate for the floods in Germany. -
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The loss has increased by 1.4% since the company’s first assessment.
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Renewals will depend on clients’ ability to differentiate themselves from broad-brush trends.
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This publication reported Melvin’s hire on Wednesday.
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The executive said that the market was in a protracted period of stable underwriting and capital.
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The transaction complements its previous acquisition of RMS in 2021.
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The ratings agency said the global reinsurance sector is in “an even stronger position than a year ago”.
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Overall, Lloyd’s H1 market underwriting profit came to £3.1bn, as the CoR improved by 1.5 points to 83.7%.
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This year saw around 630 (re)insurance market professionals celebrate the achievements of the market.
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A roundup of all the news you need today, including Lloyd’s first-half results.
