In the week to 29 November the FTSE All Share fell 0.7% vs. -1.3% for the Insurance Index and -0.6% for the Lloyd’s Index. The best performer was Novae (+2.1%); Hiscox (-2.4%) was the worst performer. This week we look at Swiss Re’s global review for 2016 and 2017/18 outlook. We note the forecast for further rate softening but that an inflection point is close, albeit this could mean at best flat rates. As we’ve flagged, reserve strength is becoming more concerning. Underwri
30 Nov 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:
30 Nov 2016 -
Author:
Joanna Parsons -
Pages:
9
In the week to 29 November the FTSE All Share fell 0.7% vs. -1.3% for the Insurance Index and -0.6% for the Lloyd’s Index. The best performer was Novae (+2.1%); Hiscox (-2.4%) was the worst performer. This week we look at Swiss Re’s global review for 2016 and 2017/18 outlook. We note the forecast for further rate softening but that an inflection point is close, albeit this could mean at best flat rates. As we’ve flagged, reserve strength is becoming more concerning. Underwri