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Trading Update

Trading Update

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...
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...
PR / 2 years ago

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Mid-year collateralized reinsurance renewal rate rises higher than expected
Mid-year collateralized reinsurance renewal rate rises higher than expected
Rate increases secured by insurance-linked securities (ILS) funds and collateralized reinsurance vehicles...
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Extreme Fraud and Litigation Causing Florida’s Homeowners Insurance Market’s Demise - III
Extreme Fraud and Litigation Causing Florida’s Homeowners Insurance Market’...
With its overabundance of unneeded new roofs on homes, and flashy lawyer billboards at every turn claimin...
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After 3 Years, Some Commercial Lines See Rate Increases Slowing - Captive
After 3 Years, Some Commercial Lines See Rate Increases Slowing - Captive
After 3 years of significant rate increases, the commercial insurance market is moving toward rate adequa...
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Ukraine conflict means global programme restructuring - Global Risk Manager
Ukraine conflict means global programme restructuring - Global Risk Manager
The war in Ukraine and the associated sanctions on Russia are causing companies to rethink and restructur...
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London cyber insurance prices to level off, but market remains 'really tough'
London cyber insurance prices to level off, but market remains 'really toug...
Rates are flattening after a spike at the end of 2021, but pricing levels continue to make the market dif...
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UK small businesses being priced out of cyber insurance by high premiums and cost-of-living crunch - CityAM
UK small businesses being priced out of cyber insurance by high premiums an...
The UK’s small businesses are increasingly being priced out of cyber insurance policies, due to sky-high ...
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Where is the giant wall of reinsurance capital?
Where is the giant wall of reinsurance capital?
With property catastrophe reinsurance rates having risen by at-least double-digits for many cedents at th...
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Market easing for multinational insurance but growing role for captives
Market easing for multinational insurance but growing role for captives
Market conditions are easing for global programmes but rates are still increasing, and if insurers push b...
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FCA outlines key areas of harm in insurance intermediaries markets - IB
FCA outlines key areas of harm in insurance intermediaries markets - IB
Regulator writes to both retail and wholesale brokers
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