In the week to 30 May the FTSE All Share rose 0.5% vs. +1.7% for the Insurance Index and +1.7% for the Lloyd’s Index. The best performer was JLT (+2.4%); Novae (-3.5%) was the worst performer. We review the Q1 2017 results across the (re)insurance market. What we see is an increase in combined ratios, partly driven by Ogden but also reflecting higher claims activity, plus still low investment returns. Losses are not yet large enough to trigger a market turn, but the pain is increasing a
31 May 2017
The Money Bin
Beazley Plc (BEZ:LON), 669 | Helios Underwriting PLC (HUW:LON), 162 | Hiscox Ltd (HSX:LON), 1,172 | Jardine Lloyd Thompson Group (JLT:LON), 0 | Lancashire Holdings Limited (LRE:LON), 564 | Novae Group (NVA:LON), 0
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The Money Bin
Beazley Plc (BEZ:LON), 669 | Helios Underwriting PLC (HUW:LON), 162 | Hiscox Ltd (HSX:LON), 1,172 | Jardine Lloyd Thompson Group (JLT:LON), 0 | Lancashire Holdings Limited (LRE:LON), 564 | Novae Group (NVA:LON), 0
- Published:
31 May 2017 -
Author:
Joanna Parsons -
Pages:
10
In the week to 30 May the FTSE All Share rose 0.5% vs. +1.7% for the Insurance Index and +1.7% for the Lloyd’s Index. The best performer was JLT (+2.4%); Novae (-3.5%) was the worst performer. We review the Q1 2017 results across the (re)insurance market. What we see is an increase in combined ratios, partly driven by Ogden but also reflecting higher claims activity, plus still low investment returns. Losses are not yet large enough to trigger a market turn, but the pain is increasing a