Insight and Intelligence on the London & International Insurance Markets 18 Mar 2018

To view the full Insurance Insider site click here

Cats weigh on London carriers’ underwriting results

  • Iulia Ciutina 7 March 2018
  • The Insurance Insider's group of London-listed carriers - Beazley, Hiscox and Lancashire - all posted worse underwriting margins for 2017 due to the year's catastrophe events.

    However, even excluding the impact of catastrophes, each carrier experienced margin deterioration from different sources.


    Beazley posted a better underlying claims experience with a relatively similar contribution from reserve releases, but the expense ratio worsened, pushed up by the acquisition costs ratio.

    The carrier's combined ratio for the year was 99.0 percent, up...

  • If you are a non-subscriber but would like to be able to view this article, then please go to our Publications page for further information on joining our readership
  • Login Free trial
  • Login