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Progressive earnings: A fast response on loss trends is what sets it apart

PIF growth is slowing as the firm sees worsening loss-cost trends, and this quick response will likely allow it to outperform peers again.

Insurance Insider US Research, 15 October 2021
Energy market slowdown continues after modest Ida claims: Marsh

Flat rates are expected in upstream whilst insurer appetite is picking up in the downstream market.

Samuel Casey, 27 October 2021
Munich Re offers to sell 12.1m Admiral shares

The sale represents a 4% stake in the UK motor insurer, according to Jefferies.

Rachel Dalton, 27 October 2021
InsurTech investment surpasses $10bn mark for first time

Willis’ latest InsurTech briefing shows how a small group of InsurTechs are securing the lion’s share of investment via $100mn-plus mega-rounds.

Marcel Le Gouais, 27 October 2021
Construction reaches profitability after longest soft market 'in living memory'

The market has seen four years of significant compound rate rises triggered by heavy loss experience and contracting capacity.

Luke Harrison, 27 October 2021
Scor global P&C unit falls to Q3 EUR56mn loss on Ida and Bernd

The carrier launched a share buyback and announced portfolio rebalancing actions.

Rachel Dalton, 27 October 2021
Beazley’s Smart Tracker planned premiums up 75% YoY

Stamp capacity for the “beta” syndicate is set to climb by 42% to £204mn.

Adam McNestrie, 26 October 2021
Lloyd’s on track for sub-95% CR despite Uri, Bernd and Ida: Neal

The Corporation’s CEO also warned that the increasing use of captives was “dangerous” for clients.

Rachel Dalton, 26 October 2021
Ida was a large event but not an extreme outlier: RenRe’s O’Donnell

The executive said social inflation, fraud, and other loss drivers have driven up the cost of storms, and contributed to model miss.

Jairo Ibarra, 26 October 2021
Capel becomes latest global fac head to exit Willis Towers Watson

William Capel has spent much of his career in southern and western Africa to date.

Rachel Dalton, 26 October 2021

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