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

Sompo bulks up on Aspen; commercial and reinsurance boom

14 August 2026 First full quarter with Aspen dovetails with strong renewals; reinsurance revenue up 92%.

Convex improves trailing combined ratio, even if Q2 gets bumpy

14 August 2026 Property pricing under ‘pressure’ says CEO but sees upside from casualty, PVT.

QBE grinds out first half with flat profit and margins

14 August 2026 Estimated losses from Middle East conflict come to roughly $75 million.

More articles

Sompo bulks up on Aspen; commercial and reinsurance boom

Accelerant shifts further toward third-party capital as exchange premium grows 23%

RiverStone takes on $1.6bn QBE reserves through LPT deals

D&O rate slide slows in Q2 as higher-risk sectors face modest increases

Pelagos adds new quota share, eyes ILS and retro to manage margin

Convex improves trailing combined ratio, even if Q2 gets bumpy

QBE grinds out first half with flat profit and margins

Westfield Specialty’s GWP climbs to $1.2bn on US, international growth

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