2017 tested the global re/insurance market but we believe the quoted Lloyd’s insurers responded well. The results also highlighted the very different underwriting strategies, especially between Lancashire and Beazley/Hiscox. Lancashire’s underwriting loss, given the 2017 catastrophes, should not have surprised shareholders, nor the fact that Hiscox had an FX exposure. In this report we review the FY results in more detail.
07 Mar 2018
2017 – a year to recalibrate
Beazley Plc (BEZ:LON), 665 | Hiscox Ltd (HSX:LON), 1,245 | Lancashire Holdings Limited (LRE:LON), 618
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2017 – a year to recalibrate
Beazley Plc (BEZ:LON), 665 | Hiscox Ltd (HSX:LON), 1,245 | Lancashire Holdings Limited (LRE:LON), 618
- Published:
07 Mar 2018 -
Author:
Joanna Parsons -
Pages:
9
2017 tested the global re/insurance market but we believe the quoted Lloyd’s insurers responded well. The results also highlighted the very different underwriting strategies, especially between Lancashire and Beazley/Hiscox. Lancashire’s underwriting loss, given the 2017 catastrophes, should not have surprised shareholders, nor the fact that Hiscox had an FX exposure. In this report we review the FY results in more detail.