News

lloyd's

Reserve releases down at Lloyd’s; Hiscox, Beazley outperform rivals – Jefferies report

Rates have risen 3.9%, costs have fallen £100m, and Lloyd’s is demonstrating discipline by withdrawing from unprofitable business, market analyst Jefferies has observed

Brit Office

Brit Re rated ‘A’ by AM Best ahead of US casualty treaty plans

The reinsurer plans to expand in 2020 by writing US-based casualty excess of loss reinsurance business

Boardroom

Trust Re forms new exec committee with group CFO, CRO seats

Mohsin Altaf, Trust Re’s new group CFO, and Marios Argyrou, its new chief risk officer, join an executive committee aiming to demonstrate improved corporate governance and transparency at the Bahraini reinsurer