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Insurers must explain the ‘real price’ of climate change: Axis' Butt

The Axis chairman said the industry could show lawmakers the true costs of failing to address the risks.

John Hewitt Jones, 09 November 2019
Insider View: Vibe, stuck in the Lloyd’s trap

Syndicate 5678 chose a bad time to start writing live business, while its strategic review coincided with several stuttering competing processes.

Insurance Insider team, 08 November 2019
Beazley shares leap 7% despite FY underwriting loss warning

The carrier pegs recent nat cat exposure at less than half Hiscox’s reserves estimate for the event, while rate growth quickens.

Anna Sagar, 08 November 2019
Future at Lloyd’s has ‘high degree of execution risk’: AM Best

Modernisation progress has been too slow, the ratings agency says.

Anna Sagar, 08 November 2019
Vibe Syndicate 5678 to enter run-off

The decision follows a Fenchurch-led review and a failure to secure the necessary capital for expansion.

Anna Sagar, 08 November 2019
Lloyd’s to merge Council and Franchise Board

The move represents the biggest governance shake-up at the Corporation since since the Franchise Board was established in 2002.

Samuel Casey, 08 November 2019
AGCS to book further reserve charges in Q4: Terzariol

US liability claims deterioration is one of the reasons Allianz has not been more specific on its full-year profit guidance, the CFO said.

Catrin Shi, 08 November 2019
Brit prepares to place Singapore and China units into run-off

The carrier becomes the latest to curtail Lloyd’s operations in Asia.

Adam McNestrie, 08 November 2019
When the torches and pitchforks come out, it’s time to focus on careful underwriting

Hurricane season is drawing to a close and wildfires in California are dwindling. But now another “storm” with massive potential impact is gaining strength, and starting to wreak havoc on insurers’ bottom lines.

Christie Smythe, 08 November 2019
Beazley warns of 2019 underwriting loss on liability, cat claims

The carrier forecasts a combined ratio range of 100 percent to 102 percent, based on normalised claims.

Anna Sagar, 08 November 2019

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