Insight and Intelligence on the London & International Insurance Markets 20 Feb 2018

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Returns shrink at London carriers in H1

  • Iulia Ciutina 8 August 2017
  • London-based (re)insurers reported diminishing returns for the first half of the year, pressured by soft pricing conditions and narrow underwriting margins.

    Click to enlarge The Insurance Insider's group of London-listed carriers generated a return on net tangible assets (Ronta) of 9.2 percent on a simple average basis for the first six months of 2017.

    The result was less than half the prior-year figure of 22.8 percent and well below the five-year average of 18.4 percent.

    This came as foreign exchange...

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