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Booming property market boosts Lloyd’s underwriting

All underwriting segments in the Lloyd’s market produced an underwriting profit in the first half.

Samuel Casey, 07 September 2023
HCI Group confirms it will retain Hurricane Idalia losses

The insurance company had set out plans last summer to expand its market share in Florida.

Liz Bury, 07 September 2023
Beazley posts record H1 profits of $366.4mn with combined ratio of 84%

The carrier increased gross written premiums by 13% to $2.92bn, while the combined ratio deteriorated by 13 points from a prior-year figure of 71%.

Samuel Casey, 07 September 2023
Scor targets higher dividend payouts, 12% RoE in Léger-led plan

This is the first multi-year plan led by the new CEO.

Fiona Robertson, 07 September 2023
Blockchain insurance: A dead-end or biding its time for disruption?

A webinar and report from the Geneva Association has explored the barriers and prospects for the growth of blockchain insurance.

Marcel Le Gouais, 07 September 2023
Lloyd’s hails ‘very strong’ H1 result with 85.2% CoR and £3.9bn profit

Gross written premium increased by 22% to £29.3bn, and investments returned to profit.

Samuel Casey, 07 September 2023
Intact inks £520mn deal for Direct Line’s commercial unit, exploring options for personal lines

The business generated written premiums of £530mn in 2022 and had an average combined ratio of 96% across 2021 and 2022.

Thorsten Schier, 06 September 2023
Chile’s Conosur takes CMF’s Beresford as reinsurance head

Sources said the executive will head up Conosur's reinsurance operations following the departure of Andres Cisternas, who moved to THB earlier this year.

Jairo Ibarra, 06 September 2023
Higher retentions will continue for property cat reinsurance: Guy Carpenter

Some reinsurers are developing products and solutions for cedants’ newly retained risk under those higher attachment points, executives noted.

Kyoung-son Song, 06 September 2023
Lloyd’s categorises cyber war wordings in aggregation clarity push

More than 20 approved wordings will be divided into seven categories, which vary by risk aggregation potential.

Catrin Shi, 06 September 2023

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