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Atrium 609 posts 89% CoR with £21mn of gross Ukraine claims

The carrier has reserved a gross figure of £138.3mn for stranded Russian aircraft, but the eventual size of claim remains uncertain.

Samuel Casey, 03 April 2023
Chaucer Syndicate 1084 books 93.2% CoR amid rising cat losses

Syndicate 1084 reported an overall profit of $16.6mn compared to $129mn in 2021, as net incurred losses increased by just over $227mn.

Abbie Day, 03 April 2023
Gallagher Re’s Vickers: Expect ‘no let-up’ in reinsurers’ resolve over 2023

The broker’s international chairman said that without an influx of new capacity, the market will remain disciplined.

Rachel Dalton, 03 April 2023
Supply and demand ‘delicately poised’ at 1.4 reinsurance renewal: Gallagher Re

Renewals in established markets were more orderly than at 1 January, but smaller markets were under pressure.

Rachel Dalton, 03 April 2023
Arch Insurance International promotes Page for marine hull and war role

Following the retirement of Mark Watters, Jason Page will be responsible for managing marine and hull underwriting activities the carrier’s worldwide portfolio.

Abbie Day, 03 April 2023
MS Amlin Underwriting ‘is on its way back’: CEO Carrier

MS Amlin Syndicate 2001 – one of the largest in the Lloyd’s market – reported a combined ratio of 99.9% for 2022.

Catrin Shi, 03 April 2023
Hiscox Syndicate 33 posts combined ratio of 77% and $194mn profit

Syndicate 33 also reported unrealised investment losses of $69.3mn in 2022, taking its total investment loss for the year to $43.2mn.

Aisling Finn, 31 March 2023
Nephila Syndicate 2357 profits soar 240% to $189mn for 2022

The syndicate’s combined ratio was down for the fifth year in a row.

Liz Bury, 31 March 2023
CFC Syndicate 1988 posts 83.5% CoR, in near 20-point improvement on 2021

The carrier also posted a 187.3% increase in its GWP, reporting premiums of $218.8mn in 2022.

Aisling Finn, 31 March 2023
Ascot Syndicate 1414’s CoR worsens to 94.7%

The syndicate’s net loss ratio in 2022 was 60.3%, an increase of 4.7 percentage points from 55.6% the prior year.

Abbie Day, 31 March 2023

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