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As reinsurers have walked away from certain risks in Florida, the state will need to keep some parts of its insurance infrastructure healthy – but without making the public markets too attractive.
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Several studies have shown how the industry might tackle its poor D&I record. Business leaders must now take up the baton.
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Rising reinsurance rates provide both an opportunity and a challenge for the Lloyd’s market.
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Financial Secretary Andrew Griffith will have oversight of reforms to FCA and PRA operations, but how far he’ll take that mandate is an open question.
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Ratings agencies suggest that carriers must do better on controlling volatility – but diverging risk appetites give the lie to the idea that the industry is walking away from risk.
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A signed deal would end a roughly three-year hiatus for significant strategic balance sheet M&A at Lloyd’s.
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Insurance Insider explores the themes around growth in London and a contraction of cat limits on the horizon, in the months before an intensive 1.1 period.
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Meaningful capacity is returning to the marine market, increasingly via delegated authority underwriting.
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After PPL announced a second delay to the NextGen platform in May, Insurance Insider examines lingering questions over a beleaguered modernisation project.
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The latest financial condition report for Darag Bermuda shows a $69.0mn loss after tax for 2021.
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A very public shareholder dispute is taking centre stage at a firm in transition.
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The former reinsurance leader’s exit from treaty highlights wider pressures on the market.