In the week to 13 June the FTSE All Share fell 0.1% vs. +2.6% for the Insurance Index and +1.4% for the Lloyd’s Index. The best performer was Novae (+2.4%); Helios* (0%) and then Hiscox (+1.0%) were the worst performers. This week we flag Marsh’s Global Rate Index, which shows an overall moderation in rate reductions in commercial lines, but we remain in a pricing downturn that begun in 2013. Casualty rates are holding up better (led by certain US classes) but nothing is easy, as
14 Jun 2017
The Money Bin
Beazley Plc (BEZ:LON), 679 | Helios Underwriting PLC (HUW:LON), 155 | Hiscox Ltd (HSX:LON), 1,199 | Jardine Lloyd Thompson Group (JLT:LON), 0 | Lancashire Holdings Limited (LRE:LON), 584 | Novae Group (NVA:LON), 0
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The Money Bin
Beazley Plc (BEZ:LON), 679 | Helios Underwriting PLC (HUW:LON), 155 | Hiscox Ltd (HSX:LON), 1,199 | Jardine Lloyd Thompson Group (JLT:LON), 0 | Lancashire Holdings Limited (LRE:LON), 584 | Novae Group (NVA:LON), 0
- Published:
14 Jun 2017 -
Author:
Joanna Parsons -
Pages:
10
In the week to 13 June the FTSE All Share fell 0.1% vs. +2.6% for the Insurance Index and +1.4% for the Lloyd’s Index. The best performer was Novae (+2.4%); Helios* (0%) and then Hiscox (+1.0%) were the worst performers. This week we flag Marsh’s Global Rate Index, which shows an overall moderation in rate reductions in commercial lines, but we remain in a pricing downturn that begun in 2013. Casualty rates are holding up better (led by certain US classes) but nothing is easy, as