In the week to 13 September the FTSE All Share fell 2.2% vs. -3.3% for the Insurance Index and +0.5% for the Lloyd’s Index. The best performer was Lancashire (+1.1%); Novae was the worst performer (-0.5%). This week we look at the 9/11 loss on the 15th anniversary of this atrocity. As we review the impact of soft markets and benign loss activity on current (re)insurer results, we remind investors that major cats never exactly follow the models, deliver unexpected claims and have broad s
14 Sep 2016
The money bin - Insurance weekly
Helios Underwriting PLC (HUW:LON), 155 | 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 - Insurance weekly
Helios Underwriting PLC (HUW:LON), 155 | 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 Sep 2016 -
Author:
Joanna Parsons -
Pages:
9
In the week to 13 September the FTSE All Share fell 2.2% vs. -3.3% for the Insurance Index and +0.5% for the Lloyd’s Index. The best performer was Lancashire (+1.1%); Novae was the worst performer (-0.5%). This week we look at the 9/11 loss on the 15th anniversary of this atrocity. As we review the impact of soft markets and benign loss activity on current (re)insurer results, we remind investors that major cats never exactly follow the models, deliver unexpected claims and have broad s