In the week to 24 October the FTSE All Share rose 0.1% vs. +1.0% for the Insurance Index and +0.8% for the Lloyd’s Index. The best performer was Lancashire (+2.0%); Helios (-1.9%) and Beazley (-1.0%) were the worst performers. We flag (again) the growth potential for US flood (re)insurance cover. Hurricanes Harvey and Irma have highlighted that the NFIP is not fit for purpose; reforms are necessary and flood needs to be opened to the private market. We note that Hiscox is already positi
26 Oct 2017
Insurance weekly
Beazley Plc (BEZ:LON), 669 | Helios Underwriting PLC (HUW:LON), 162 | Hiscox Ltd (HSX:LON), 1,172 | Jardine Lloyd Thompson Group (JLT:LON), 0 | Lancashire Holdings Limited (LRE:LON), 564 | Novae Group (NVA:LON), 0
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Beazley Plc (BEZ:LON), 669 | Helios Underwriting PLC (HUW:LON), 162 | Hiscox Ltd (HSX:LON), 1,172 | Jardine Lloyd Thompson Group (JLT:LON), 0 | Lancashire Holdings Limited (LRE:LON), 564 | Novae Group (NVA:LON), 0
- Published:
26 Oct 2017 -
Author:
Joanna Parsons -
Pages:
10
In the week to 24 October the FTSE All Share rose 0.1% vs. +1.0% for the Insurance Index and +0.8% for the Lloyd’s Index. The best performer was Lancashire (+2.0%); Helios (-1.9%) and Beazley (-1.0%) were the worst performers. We flag (again) the growth potential for US flood (re)insurance cover. Hurricanes Harvey and Irma have highlighted that the NFIP is not fit for purpose; reforms are necessary and flood needs to be opened to the private market. We note that Hiscox is already positi