In the week to 13 December the FTSE All Share rose 2.5% vs. +0.2% for the Insurance Index and -2.3% for the Lloyd’s Index. The best performer was JLT (+0.1%); Novae’s profit warning made it the worst performer (-19.9%). We look at the plans to create a UK ILS sector. NY and then Bermuda are the big ILS players and London is missing out on an increasingly important market, which will reduce its relevance over time. If it can get the necessary (and competitive) framework in place, t
14 Dec 2016
The Money Bin
Helios Underwriting PLC (HUW:LON), 162 | Hiscox Ltd (HSX:LON), 1,172 | Jardine Lloyd Thompson Group (JLT:LON), 0 | Lancashire Holdings Limited (LRE:LON), 576 | Novae Group (NVA:LON), 0 | Beazley Plc (BEZ:LON), 658
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The Money Bin
Helios Underwriting PLC (HUW:LON), 162 | Hiscox Ltd (HSX:LON), 1,172 | Jardine Lloyd Thompson Group (JLT:LON), 0 | Lancashire Holdings Limited (LRE:LON), 576 | Novae Group (NVA:LON), 0 | Beazley Plc (BEZ:LON), 658
- Published:
14 Dec 2016 -
Author:
Joanna Parsons -
Pages:
9
In the week to 13 December the FTSE All Share rose 2.5% vs. +0.2% for the Insurance Index and -2.3% for the Lloyd’s Index. The best performer was JLT (+0.1%); Novae’s profit warning made it the worst performer (-19.9%). We look at the plans to create a UK ILS sector. NY and then Bermuda are the big ILS players and London is missing out on an increasingly important market, which will reduce its relevance over time. If it can get the necessary (and competitive) framework in place, t