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The drive towards diversification to achieve greater capital efficiency has been partly responsible for the poor performance of some syndicates at Lloyd’s in recent years as carriers have looked to write lines of business without the appropriate expertise. 9 September 2019
Insurance
Lloyd’s is at a “pivotal moment” in its evolution, according to Aon’s 2019 Lloyd’s Update report, Redefining the Future. 9 September 2019
Insurance
Technology companies at the forefront of the so-called insurtech revolution are talking the talk, but there is very little of substance to back up their words, according to the online readers of Intelligent Insurer. 9 September 2019
Insurance
According to a new AM Best report, the global reinsurance market as a whole has exhibited more underwriting control, as evidenced by a holding back of capacity at the midyear 2019 renewals. However, questions remain over the sustainability of this newfound discipline. 9 September 2019
Insurance
Despite many re/insurers posting positive Q2 results and optimism around rising rates, downside risks—including the spectre of a global recession, the rise of nationalism and protectionism, trade wars and Brexit—are casting a shadow on the market, Ivor Edwards, European head of the corporate insurance group, Clyde & Co, told Monte Carlo Today. 9 September 2019
Insurance
Most reinsurers would like to lower their expense base—but new research suggests that those that spend more also achieve a better underwriting performance, Lewis Phillips of Litmus Analysis told Monte Carlo Today. 9 September 2019
Insurance
On the back of two record-breaking US wildfire seasons, the re/insurance industry is reassessing how it deals with wildfire risk, Michael Young of RMS told Monte Carlo Today. 9 September 2019
Insurance
As the world’s reinsurers gather in Monte Carlo for the annual Rendez-Vous, Ross Lazaroo-Hood of Landmark Holding Group explains that while there are opportunities for MGAs there needs to be more than just a compelling underwriting case. 9 September 2019
Insurance
Intense competition and overcapacity are among the biggest challenges for the global reinsurance industry. That was one of the key points in a presentation in Monte Carlo, given by rating agency AM Best, at which it also warned of some of the negative effects of Brexit. 9 September 2019
Insurance
Sirius Group is seeking to play to its strengths, focusing on the quality of its underwriting and becoming more nimble as it moves through 2019 and into 2020. 9 September 2019
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