patrick-tiernan_lloyd-s

20 September 2023Insurance

Lloyd’s warns on casualty reinsurance renewals: it’s the reset for 2024

Lloyd’s syndicates may be in for a reinsurance renewal on casualty books to mirror the mayhem in property seen just a year ago and need to get busy on pricing to get ahead of any pending cost shock, the corporation’s chief of markets Patrick Tiernan told underwriters in his Q3 market message.

Already registered?

Login to your account

For multi-user price options, or to check if your company has an existing subscription that we can add you to for FREE, please email Adrian Tapping at atapping@newtonmedia.co.uk

More on this story

Global insurance rates to keep falling after Q4 4% drop: Marsh

4 February 2026 Casualty bucks the trend, climbing on US high-severity claims, ‘nuclear’ jury awards.

Analysts say Zurich/Beazley deal ‘makes sense’ despite hefty price tag

4 February 2026 Primary driver isn’t just specialty volume but ‘crown jewel’ cyber book.

Chubb grows Q4 P&C underwriting income 40%, premiums up 8%

4 February 2026 CEO warns of increased commercial insurance competition for 2026.

More articles

Global insurance rates to keep falling after Q4 4% drop: Marsh

European businesses face increasing exposure to cyber fines

Analysts say Zurich/Beazley deal ‘makes sense’ despite hefty price tag

Chubb grows Q4 P&C underwriting income 40%, premiums up 8%

Beazley and Zurich agree terms, values Lloyd’s insurer at £8bn

RenaissanceRe rides cat-free to 20 pps decline in Q4 CoR

Freeze damage set to drive Storm Fern’s $4bn tab

Scor strikes confident tone on 1/1 renewals after targeted premium grow

Copyright © intelligentinsurer.com 2024 | Headless Content Management with Blaze