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Trubshaw: Stars ‘starting to align’ on trading conditions

Active underwriter says pricing, retro conditions and casualty crisis will play out in MAP 2791’s favour.

Rachel Dalton, 01 April 2020
Axa XL 2003 swings back to 2019 profit on investment gains

The syndicate narrowed its underwriting loss year on year with a combined ratio of 110 percent.

Samuel Casey, 01 April 2020
MS Amlin nears market average performance with 103% COR

Business also enters an ADC with an unnamed counterparty for 2018 and prior years.

Anna Sagar, 01 April 2020
Negotiations could hit standstill without summer networking

Industry bodies are concerned that relationships will sour without regular sporting fixtures.

Samuel Casey, 01 April 2020
Covid-19 a capital rather than coverage issue: Willis Re

International chairman James Vickers expects the virus to be a feature of all 2020 renewals.

Rachel Dalton, 01 April 2020
PRA warns insurers to be ‘prudent’ on profit distribution

The regulator’s stance is significantly softer than that taken with UK banks, which have been forced to suspend dividends and buybacks.

Catrin Shi, 01 April 2020
Japanese loss-free wind rates up 10-35% at 1.4: Willis Re

Some programmes also renewed with Covid-19 exclusions.

Rachel Dalton, 01 April 2020
The Covid-19 exclusion clashes are a harbinger of the vexed client discussions we are about to see everywhere

Over the last week, cat reinsurers and cedants have clashed – at times acrimoniously – over the proposed insertion of exclusions on losses relating to pandemics.

Adam McNestrie, 01 April 2020
Aon upgrades London e-trading system amid Covid-19 disruption

The new bind feature enables markets to complete and bind Aon's treaty reinsurance placements without face-to-face meetings.

Bernard Goyder, 01 April 2020
NY governor imposes moratorium on policy cancellations

The order also forbids insurers operating in the state from charging fees for late payment.

John Hewitt Jones, 01 April 2020

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