For H1 2025 Lloyd’s posted a £4.2bn ($5.6bn) H1 profit before tax which Tiernan called a “solid half-year performance, demonstrating strength and resilience”. This was down £700mn year on year, as ...
This publication reported that a major oversupply of capacity, coupled with reinsurers’ need for growth, is driving a “ stampede ” to reduce reinsurance rates, in what some say is the fastest ...
A group of hospitality trade bodies and legal representatives has written to the UK Financial Conduct Authority (FCA), urging the regulatory body to extend the claims period for Covid-19 business ...
The appointments come after Prism launched on 1 December, backed by Convex and Efinity Insurance Solutions. Geopolitical uncertainty and "testing" market conditions presented challenges to insurers ...
Though full year results are still pending, H1 2025 led to insured cat losses that tracked considerably higher than long-term averages and were the highest for insurers since H1 2011. Gallagher Re’s ...
MGA Prism has hired Luca Ronsisvalle and Jan von Kamp as it begins underwriting in Singapore and Hong Kong. The appointments come after Prism launched on 1 December, backed by Convex and Efinity ...
Sources said that reinsurers will clear their cost of capital in 2026, absent abnormal loss activity, but pointed to returns on equity (RoEs) in the 10%-15% range – with the best performers ...
Acrisure’s Funds at Lloyd’s (FAL) fund Corinthian has deployed capital for 2026, with private equity firm Gallatin Point emerging as the joint venture capital partner, sources told this publication.
K2’s CUO Parth Patel will serve as the SPA’s active underwriter as it was granted permission to underwrite for 1.1.
Lloyd’s specialty business Inigo has hired The Fidelis Partnership’s Savannah Thompson, this publication can reveal. Insurance Insider revealed last week that Thompson had resigned from her previous ...
United Arab Emirates (UAE) carrier Al Wathba Insurance has secured access to Lloyd’s via London Bridge Two PCC, becoming the first UAE insurer to secure access through the structure. The London Bridge ...
Amwins has renewed its cross-class portfolio solution Amplify for 2026 with stable capacity and continued support from existing backers. The facility renewed with 22.5% capacity for property risks and ...