The US, oils and metals helped equities in the week to 23 February. The FTSE All Share rose 2.0% vs. +2.2% for the Insurance Index and +1.6% for the Lloyd’s Index. The best performer this week was Hiscox (+5.7%); Lancashire was the worst performer (-2.3%). We review Hampden’s outlook for Lloyd’s. This is prepared for its Names but provides a helpful guide to the market. It estimates the average rate cut in the January 2016 renewals across the classes was -4% and continues to
