Hampden Group

Feb 15, 2021

Syndicate 727 result for 2018 Account and 2019 estimate

SA Meacock has announced a 5.09% profit for 2018 and an unchanged 2019 estimate…

Feb 10, 2021

Lancashire Group

Lancashire has reported a pre-tax profit of US$5.9m and unchanged Covid-19 estimate with a better than expected combined ratio of 107.8%…

Feb 05, 2021

Beazley 2020 year end results

Beazley has published its 2020 year end results showing a better than expected loss for the year of US$50m after investment income and prior year releases and a lower expenses ratio. The press release shows a 19% growth in premiums and strongly improving market conditions. Beazley's share price leaps.…

Feb 04, 2021

Marsh releases Global Insurance Market Index as at Q4 2020

According to the data in the latest survey from global broker Marsh covering worldwide property and casualty insurance renewals, prices rose by some 22%, once again, the largest increase since the index was launched in 2012 and is the thirteenth consecutive quarter of price increases.…

Jan 25, 2021

Lloyd's appoints new Chief of Markets

On Friday Lloyd's announced that it had appointed a replacement for Jon Hancock, Director of Performance Management at Lloyd's. In a new role that will oversee market performance and distribution, Patrick Tiernan will take over from Jon Hancock.…

Jan 15, 2021

Supreme Court judgement handed down on business interruption appeal

The UK's Supreme Court judgement on business interruption appeal has been published today and is seen as being broadly favourable for insureds. It is unsurprisingly a lengthy document and the impact will take some time to become apparent. Hiscox Press Release welcomes the clarity and increases its estimated loss by US$48m.…

Jan 15, 2021

Lloyd's launches new investment platform London Bridge Risk PCC Limited

London Bridge Risk PCC Ltd will enable investors to support chosen managing agents using this newly approved investment vehicle.…

Jan 06, 2021

2021 renewals reports by Willis Re, Guy Carpenter and Howden

Global reinsurance brokers Willis Re and Guy Carpenter and Howden have published their separate reports on the January renewals. These show improved rates and terms and conditions with some tempering of the upward momentum as a result of sufficient demand to write business from existing and new players.…

Dec 19, 2020

Swiss Re reports level of 2020 economic and insured losses

Swiss Re has released its customary annual report of the level of economic losses and insured catastrophe losses through the year. The economic losses tally is S$187bn of which US$83bn were insured…

Dec 18, 2020

Lloyd's to integrate sustainability into all business activities

Lloyd’s first "Environmental, Social and Governance Report 2020" sets out the market's plans for accelerating the transition to a more sustainable marketplace.…