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The French carrier’s newly announced successor to Denis Kessler will be charged with taking growth to the next phase. -
The business looks well placed to succeed if it can keep retention in check and reinvest to build broader capabilities.
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The new Lloyd’s chief of markets has some key strategic decisions on market oversight, growth and distribution to take.
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Whatever their eventual impact on runaway loss inflation the fact reforms were enacted at all is a happy surprise for the industry.
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There is increasing optimism about rating adequacy, but sustained underwriting discipline is essential.
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With a sale of the remedy assets to AJG not yet agreed, the firms will have to choose their words carefully this week.
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Underwriters voiced a cautious optimism about the outlook for 2020, but warned that the class was moving from a low point.
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London has a chance to build back better with broker facilities assembled on a sustainable basis. Adam McNestrie
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The work from home model has proved the sector’s resilience, but there are opportunities to flourish for companies that return to the office.
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Both parties continue to look determined to take the steps needed to get the deal to the line.
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The potential sale of Willis Re to AJG would push Gallagher Re into the big leagues – but make little impact on the wider market.
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The creation of a single Bermuda reinsurance company removes a key structural impediment to a sale.
