November 2018/1
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Reputation can still be an underrated commodity in insurance.
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Property direct and facultative (D&F) players are showing real patience in waiting for the market to turn.
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There are two schools of thought when it comes to distribution.
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Carriers disclose heavy cat losses as well as mixed underlying performances, as business mix shift continues. -
The deal also accelerates a strategy of pursuing increased scale and leverage.
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Executives are working with Evercore to raise $3bn for the start-up.
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Executives faced pointed questions about workers’ compensation claims trends and casualty pricing during Q3 conference calls.
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Casualty pricing and demand overshadow property catastrophe, while RenRe arrives just too late to steal the show.
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The trade association’s intervention follows an uptick in major onshore losses with BI exposure.
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The PRA’s chief general insurance supervisor backs Lloyd’s efforts to improve syndicates’ performance, but suggests some carriers still have their heads in the sand.
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Despite the broader withdrawal from the class, there is still too much capacity in the London market to trigger significant rate improvement.
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