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The association showed strong leadership and innovative thinking to increase the number of women on its panel without sacrificing fairness.
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A harder reinsurance market will make its impacts felt throughout 2023.
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While BMS has achieved a solid price and a favourable investor structure, there are signs of a cooler M&A market ahead.
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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.
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The London market proved resilient in the face of twin shocks from geopolitical and natural disaster.
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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?
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Several structural factors, including the pricing cycle, make insurers more insulated from US activist states.
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London carriers were bullish on the opportunity ahead and suggested new ways of working will continue to evolve.
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Announcements and interviews at the UN conference have shed light on the tools emerging to help carriers decarbonise their underwriting portfolios.
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Even without the uncertainty of an imminent takeover, the path ahead will not be easy for Ascot.
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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.
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PE funds considering a play in the catastrophe space are far more likely to be looking for an alpha play.