-
With chairman Bruce Carnegie-Brown’s third term expiring in June 2025, the organisation needs to start laying the ground for broader changes.
-
The market has undergone substantial multi-year hardening after a surge of painful loss activity.
-
Large visiting contingents from Florida to the Bermuda Risk Summit highlighted ongoing concerns around cat capacity availability.
-
Reclassifying expenses as underwriting or corporate costs for different reporting metrics is set to get more complex under IFRS17.
-
As Adidas terminated its partnership with Kanye West following his antisemitic tweets, it projected a loss that signalled why insurers should be pushing the need for brand reputation insurance.
-
New supply is entering the market after a remediation phase, but waning demand for London capacity is set to create pressure on pricing.
-
Misalignment in T&Cs means the London market is now running far more PV risk net.
-
The in-coming CEO must ensure a smooth transition, land the “London-out strategy” started by Brooks, and handle CPPIB’s exit.
-
The French carrier has replaced Laurent Rousseau with Swiss Re’s Thierry Léger - midway through a remedial journey. Can a third CEO in two years resolve the carrier’s issues?
-
Exclusions and coverage changes absolutely make sense as a goal, but some wordings have thrown up additional risks.
-
The association showed strong leadership and innovative thinking to increase the number of women on its panel without sacrificing fairness.
-
A harder reinsurance market will make its impacts felt throughout 2023.
-
While BMS has achieved a solid price and a favourable investor structure, there are signs of a cooler M&A market ahead.
-
The outcome over the debate on narrowing cat reinsurance coverage will not be an all-or-nothing bet, with all perils deals with exclusions not a polar opposite of named perils coverage.
-
The London market proved resilient in the face of twin shocks from geopolitical and natural disaster.
-
The Corporation is signalling that it wants to be as responsive as possible to allow syndicates to manoeuvre – but will it merely float with the tide of inflation or can growth take off?
-
Several structural factors, including the pricing cycle, make insurers more insulated from US activist states.
-
London carriers were bullish on the opportunity ahead and suggested new ways of working will continue to evolve.
-
Announcements and interviews at the UN conference have shed light on the tools emerging to help carriers decarbonise their underwriting portfolios.
-
Even without the uncertainty of an imminent takeover, the path ahead will not be easy for Ascot.
-
The Treasury is yet to clarify its plans to introduce ‘call in’ powers against regulators, or detail how regulators will be held accountable over a new growth duty.
-
PE funds considering a play in the catastrophe space are far more likely to be looking for an alpha play.
-
Acrisure’s Flux syndicate will be a test case for a broker’s presence at Lloyd’s, one which rivals will watch closely.
-
The opportunity to set in statute meaningful powers and metrics to hold financial regulators accountable will reach a tipping point in the coming weeks, as the Financial Services and Markets Bill progresses through the next parliamentary stages.