In the week to 4 April the FTSE All Share fell 0.2% vs. +0.9% for the Insurance Index and -1.0% for the Lloyd’s Index. The best performer was Novae (+1.9%); Beazley (-2.8%) was the worst performer. We review the HUR report on the Lloyd’s market. It is encouraging to see a moderation in the pace of rate reductions, supporting the view that some lines are getting close to a pricing floor, but the trend remains downward and the average rate is -10% from 2014 levels. Trading is challe
05 Apr 2017
Insurance weekly
Beazley Plc (BEZ:LON), 668 | Helios Underwriting PLC (HUW:LON), 155 | Hiscox Ltd (HSX:LON), 1,205 | Jardine Lloyd Thompson Group (JLT:LON), 0 | Lancashire Holdings Limited (LRE:LON), 589 | Novae Group (NVA:LON), 0
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Insurance weekly
Beazley Plc (BEZ:LON), 668 | Helios Underwriting PLC (HUW:LON), 155 | Hiscox Ltd (HSX:LON), 1,205 | Jardine Lloyd Thompson Group (JLT:LON), 0 | Lancashire Holdings Limited (LRE:LON), 589 | Novae Group (NVA:LON), 0
- Published:
05 Apr 2017 -
Author:
Joanna Parsons -
Pages:
10
In the week to 4 April the FTSE All Share fell 0.2% vs. +0.9% for the Insurance Index and -1.0% for the Lloyd’s Index. The best performer was Novae (+1.9%); Beazley (-2.8%) was the worst performer. We review the HUR report on the Lloyd’s market. It is encouraging to see a moderation in the pace of rate reductions, supporting the view that some lines are getting close to a pricing floor, but the trend remains downward and the average rate is -10% from 2014 levels. Trading is challe