Latest updates
Lloyd’s squeezes profit as Beale exits
Outgoing CEO Inga Beale exits Lloyd’s on a pre-tax profit of $776m for the first half of 2018 and a combined ratio of 95.5%
MMC buys rival JLT creating biggest reinsurance broker
On paper the deal creates the world’s largest reinsurance broker by combined revenues, and adds to Marsh’s lead as the biggest broker of primary insurance business
Fickle Florence outfoxed forecasters and cat modellers
Hurricane Florence could cause somewhere between $2.5bn and $5bn of insured losses, according to differing catastrophe modelling estimates, but the storm’s behaviour has proven difficult for models to predict
Risk management in the MENA construction sector
As a massive growth region, the past decade has seen a construction and engineering boom across the Middle East and North Africa. However, with growing assets at risk and a worsening loss experience, a correction is underway in then famously-competitive MENA and GCC re/insurance market, driving a more sophisticated approach ...
