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Europe

We provide extensive on Europe's major re/insurers

 

Steamship Mutual confirms underwriting deficit

Club remains ‘well placed’ thanks to capital position, members told

London Specialty

Digitally enhancing the fundamentals

Re/insurers must use digital capabilities in ways that keep their business ‘unified, but with a local twist’, Arch Insurance International’s head of digital argues

International Arch Capital

Insurance stocks tumble as market volatility continues

Insurance Day’s basket of stocks falls by 2.4% this week with only four stocks gaining in value

Stockwatch Hiscox

High Court clarifies aggregation of Covid-19 losses at reinsurance level

English courts are favouring reinsureds by taking wide construction approach to the aggregation of Covid-19 losses

Legal focus Reinsurance

FCA rule interpretations challenge London market

The regulator’s guidance often clashes with its rulebook, increasing the burden on brokers and insurers

London Broker

Oak sets up technology business in Dublin

Lloyd’s underwriter hires Gerard De Vere to lead technology innovation 'catalyst' Root Intelligence

Lloyds People moves

Hormuz fertiliser shock could trigger losses for the PVT market

The closure of the Strait of Hormuz and the consequent supply chain disruption affecting food supply and production are creating the conditions for future economic distress and civil unrest which will impact political violence insurers 

Strait of Hormuz crisis Lloyds

NorthStandard cuts underwriting deficit

Marine mutual trims combined ratio to 106% as pool claims revert to normal levels, but performance lags top-ranking clubs

United Kingdom Gard

Lloyd’s market culture is strong, but graduate hiring is down

Calls for urgent action to address falling number of young recruits

Lloyds Diversity

Law Commission review signals possible expansion of the opt-out class action regime

Introduction of a new consumer class action regime in England and Wales could increase litigation risk significantly for businesses and their insurers

Legal focus Claims Management

Hiscox leads risers in strong week for insurance stocks

Shares in London-listed Hiscox climb 13.5% amid bid speculation

North America Europe

PRA eases reporting burden on foreign insurance branches

Regulator is also raising threshold for subsidiarisation of branches

United Kingdom Regulation
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