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News

July 28, 2021

Hiscox plc Group Chief Executive Bronek Masojada to retire

Bronek has confirmed his retirement from Hiscox at the end of this year. His role as Group CEO will be filled by Aki Hussain the current CFO

July 14, 2021

Willis Re comments on 1 June and July renewals

Willis Re comments on the renewal trends seen at 1 July as displaying equilibrium between the demands of reinsurers and clients with rate increases continuing for most major lines and territories during the June/July renewal periods but not at the same levels as seen in the previous year...

June 22, 2021

Lloyd's June Market Message to managing agents

Market Message to managing agents continues crack down on unprofitable business and syndicates for 2022

June 22, 2021

Lloyd’s buys capital boosting reinsurance protection for Central Fund

In a boost to Lloyd’s Central Fund and potential for premium growth, eight external reinsurers have provided £200m of reinsurance cover for Lloyd’s Central Fund and a further £450m cover has been financed by JP Morgan.

June 22, 2021

Lloyd's AGM - held virtually - 21 May 2021

A recording is available on YouTube of Lloyd's 270th AGM with Chairman Bruce Carnegie-Brown, CEO John Neal, Legal Counsel Peter Spires and CFO Burkhard Keese.

June 22, 2021

2019 and 2020 Account syndicate forecasts released by Lloyd's - update

Lloyd’s has released updated forecasts for all syndicates supported by third party capital. The attached table now contains both the syndicates' forecasts as well as Lloyd's and HAL's MAPAs.

June 22, 2021

Beazley plc trading statement for Q1 2021

Beazley plc issued a positive trading statement to the LSE this morning reporting both increasing premiums and rates

June 22, 2021

MAP syndicates 2791 and 6103

Managing Agency Partners has released updated forecasts for the 2019 Account Year of Account and new 2020 forecasts for its managed syndicates 2791 and 6103.

June 22, 2021

Atrium Syndicate 609 and QBE Syndicate 386 forecasts for 2019 and 2020 Accounts

Please see here the QBE and Atrium forecasts for their managed syndicates 386 and 609 respectively as received today.

June 22, 2021

Hiscox Q1 2021 Trading Statement

Hiscox Group has published its Trading Statement covering Q1 2021 showing strong premium growth and rates increases.

April 20, 2021

Updates - Ever Given: SCA seeks around US$1bn compensation by holding ship

Ever Given updates: SMIT Salvage a subsidiary of Boskalis provides interesting detail in their Press Release of the successful re-floating of the Ever Given and separately, after previous reports of SCA seeing around US$1bn in compensation, news on Reuters and gCaptain.com reports that Ever Given is being held by the SCA. UK P&I Club issues statement of disappointment at SCA action.

April 20, 2021

Updated - 2021 North Atlantic hurricane forecasts

Atlantic hurricane forecasts published have suggested that this year will see an above average season