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Liability and cat losses push LSM 4472 to $83mn underwriting loss
Strong investment returns allowed the business to post a $165mn profit for the year.
Anna Sagar
,
01 April 2020
Ed places Angelini-Hurll and reinsurance leaders under consultation
Robert Wildbore and Marcus Taylor are also at risk.
Catrin Shi
,
01 April 2020
Compre names Darag’s Iacovides as chief development officer
The executive was responsible for business development and partnership relationships at Darag.
Samuel Casey
,
01 April 2020
Marine and energy liability, A&H push Aspen syndicate to 139% COR
The worst performing Lloyd’s syndicate suffered from adverse development on prior years for both classes in 2019.
Samuel Casey
,
01 April 2020
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
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