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Cyber claims frequency and severity down in H1, focus on small firms
Insurance
Cyber claims frequency and severity down in H1, focus on small firms
Small business suffered 15% severity increase after ‘drastic spike’ in H2 2021.   14 September 2022
US commercial P&C may hold underwriting margins through ‘23: Moody’s
Insurance
US commercial P&C may hold underwriting margins through ‘23: Moody’s
Rates above inflation hurdle plus rising exposures should lead to 10% premium growth.   14 September 2022
UK auto claims inflation has peaked, the gap to rates can close: BofA
Insurance
UK auto claims inflation has peaked, the gap to rates can close: BofA
UK new business auto insurance pricing had lagged claims inflation through H1.   14 September 2022
Insurance
AXA XL picks replacement chair for UK supervisory roles
New chair sits at AXA XL Underwriting Agencies and AXA XL Insurance Company UK from 2023.   14 September 2022
Insurance
MS Amlin plucks 15-year Hiscox vet for property delegated authority
The move builds on recent appointment of Julie Ferguson to open market portfolio.   14 September 2022
Insurance
Pelican Ventures & Asta cleared for Trium Cyber syndicate at Lloyd’s
Trium raided Aspen for top officers with background in cyber coverage.   14 September 2022
Insurance
The Monte Carlo consensus in stock market eyes: rates must rise
Equity analysts present at Rendez-Vous see "broad acceptance" for a move to higher pricing.   14 September 2022
Insurance
Acrisure secures Lloyd’s early nod for ‘low touch’ syndicate with Asta
New model will make Lloyd’s product available retail through Acrisure distribution.   14 September 2022
Insurance
Aon retrieves talent from Singapore to lead UK reinsurance
The move comes as outgoing UK leader focuses fully on Aon’s new strategy & tech unit STG.   14 September 2022
Technology
Tech could save cedants millions on submissions
Reinsurance tech firm Supercede has claimed that cedants could save as much as $300 million in labour costs by using technology to speed the process of submitting often complex reinsurance submission packs relating to treaty reinsurance.   14 September 2022

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