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

Cyber rates to fall again as growth prospects remain ‘constrained’

19 December 2025 Stable coverage keeps insureds with incumbents, ‘limiting new business opportunities’.

US homeowners shakes off headwinds, eyes 2026 return to profit

19 December 2025 If profits slip too far, insurers may cut coverage, hike premiums, squeezing affordability.

Markel Insurance bolsters war and terrorism underwriting with Axis hire

19 December 2025 Appointment comes at pivotal time as geopolitical tensions drive demand.

More articles

Cyber rates to fall again as growth prospects remain ‘constrained’

Swiss Re closes $400m catastrophe bond for Farmers

Another US federal reinsurance programme goes before Congress

Gallagher Re sets up captives risk transfer team

US homeowners shakes off headwinds, eyes 2026 return to profit

Markel Insurance bolsters war and terrorism underwriting with Axis hire

Mosaic bets on senior hire to head up Americas expansion

NFP looks to USI VP to lead Atlantic region complex property operations

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