Rating agencies, regulators, and investors today are demanding that insurers provide detailed assessments of their risk tolerance and quantify the adequacy of their economic capital...
We announced in April our estimate of the cost of Covid-19 claims for our first party business (contingency, accident and health, marine, property and reinsurance) to be around US$170m net of reinsurance...
Scor XoL renewal goes out to market; points to 1.1 2021 retro market up 15-20%...
Lloyd's marine, aviation and transport (MAT) and motor segments returned to profitability in the first half of 2020, while the market's property segment reported a £1bn underwriting loss on the back of Covid-19 claims...
The London specialty insurance market is built around three core lines: marine, aviation and energy...
The U.S. composite commercial property/casualty rates increased to 4.8% in the second quarter from 4.5% in the first quarter, but there were significant...
Insurers were able to secure sufficient reinsurance capacity at the July 1 and June 1 renewals supported by adequate reinsurance capital...
Specialty rate momentum is accelerating in London as Covid-19 uncertainty and the prospect of a fourth consecutive year of underwriting losses drive the market to push for better pricing...
The realities of this marketplace are challenging. The personal, social and economic upheaval we’re all experiencing now make it only more so...
