The Insurance Insider is relied upon by senior industry figures and investors for its insight & intelligence. Key trends are identified and analysed, tomorrow's news is broken today and the world's events and losses are dissected for what impact they will have on the industry, its balance sheets and share prices.
Britannia P&I has abolished the practice of charging a general increase to its members in favour of assessment based on individual claims records...
A prolonged period of benign catastrophe losses has allowed the upstream energy market to remain profitable, despite a dramatic reduction in premiums and a surge in capacity...
Increased frequency and severity of losses in the renewable energy market has caused the market to harden, putting an end to years of soft market conditions...
Lloyd’s performance management director Jon Hancock has said he expects the Lloyd’s market to book an increase in planned premium for 2020...
“Six million loyal customers being ‘ripped off’,” wrote Sky News...
The entry of Convex into the upstream energy insurance sector is likely to put pressure on small and medium-sized carriers, according to a report from Marsh-JLT Specialty...
One of my major take-aways from last week’s Wholesale and Specialty Insurance Association (WSIA) conference in San Diego was that there is a sense Lloyd’s has missed an opportunity in the US...
Fidelis has indicated to brokers that it will significantly increase its writings in airline and space business as it looks to take advantage of major rate rises in both lines...
Further pricing rises are imperative for the market to return to profitability in what continues to be a low interest rate environment, Markel’s co-chief executive Richie Whitt said on Thursday...
The level of restructuring of coverage in the quarter and the breakdown of price increases by month point to a change in risk appetite...
