In the week to 27 June the FTSE All Share fell 0.6% vs. -3.0% for the Insurance Index and -1.7% for the Lloyd’s Index. The best performer was Novae (+1.3%); Hiscox (-3.3%) was the worst performer. We flag that the UK may have an ILS market regulatory structure in place by the end of 2017. It needs one to be able to quickly raise capital and not lose market share, but we worry the PRA may insist on a too slow/cumbersome structure, defeating the point. Talk of an Ogden discount rate revie
28 Jun 2017
The Money Bin
Beazley Plc (BEZ:LON), 670 | Helios Underwriting PLC (HUW:LON), 155 | Hiscox Ltd (HSX:LON), 1,172 | Jardine Lloyd Thompson Group (JLT:LON), 0 | Lancashire Holdings Limited (LRE:LON), 576 | Novae Group (NVA:LON), 0
Sign up to access
Get access to our full offering from over 30 providers
Get access to our full offering from over 30 providers
The Money Bin
Beazley Plc (BEZ:LON), 670 | Helios Underwriting PLC (HUW:LON), 155 | Hiscox Ltd (HSX:LON), 1,172 | Jardine Lloyd Thompson Group (JLT:LON), 0 | Lancashire Holdings Limited (LRE:LON), 576 | Novae Group (NVA:LON), 0
- Published:
28 Jun 2017 -
Author:
Joanna Parsons -
Pages:
10
In the week to 27 June the FTSE All Share fell 0.6% vs. -3.0% for the Insurance Index and -1.7% for the Lloyd’s Index. The best performer was Novae (+1.3%); Hiscox (-3.3%) was the worst performer. We flag that the UK may have an ILS market regulatory structure in place by the end of 2017. It needs one to be able to quickly raise capital and not lose market share, but we worry the PRA may insist on a too slow/cumbersome structure, defeating the point. Talk of an Ogden discount rate revie