Opinion

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.

Overcapacity in upstream energy means the immediate impact of the move will be limited.