L.S. Howard

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About L.S. Howard

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So far L.S. Howard has created 510 blog entries.
8 08, 2025

Zurich Insurance Reports Record H1 Profit of $4.2B, Driven by Middle Market, Specialty

By | August 8th, 2025|Uncategorized|Comments Off on Zurich Insurance Reports Record H1 Profit of $4.2B, Driven by Middle Market, Specialty

Zurich Insurance Group reported some record numbers during the first half: business operating profit (BOP) was up 6% to a record US$4.2 billion and core return on equity hit a best-ever number of 26.3%. What is the reason for Zurich’s …

6 08, 2025

Global Insured Losses from Natural Disasters Could Top $150B in 2025: Swiss Re Report

By | August 6th, 2025|Uncategorized|Comments Off on Global Insured Losses from Natural Disasters Could Top $150B in 2025: Swiss Re Report

Global insured losses from natural catastrophes hit US$80 billion in the first half of 2025, which is almost double the 10-year average between 2015 and 2024 and marks the fifth year in succession when H1 losses have exceeded $US50 billion, …

18 07, 2025

Excessive Litigation Causes Surge in US Liability Insurance Costs: Marsh McLennan CEO

By | July 18th, 2025|Uncategorized|Comments Off on Excessive Litigation Causes Surge in US Liability Insurance Costs: Marsh McLennan CEO

Excessive litigation and the abuse of U.S. legal system are effectively imposing a tax on the U.S. economy and causing a surge in liability insurance costs, according to John Doyle, president and chief executive officer of Marsh McLennan. “The U.S. …

9 07, 2025

US Tariffs Projected to Slow Global Economy and Insurance Premium Growth: Swiss Re

By | July 9th, 2025|Uncategorized|Comments Off on US Tariffs Projected to Slow Global Economy and Insurance Premium Growth: Swiss Re

Global growth is slowing as US tariff policy reduces trade and heightens geopolitical uncertainty, which ultimately will lead to decelerating growth in insurance premiums, according to Swiss Re. Global GDP growth (adjusted for inflation) is expected to slow to 2.3% …

3 07, 2025

Reinsurance Renewal Prices Moderate as Capacity Exceeds Cedent Demand: Brokers

By | July 3rd, 2025|Uncategorized|Comments Off on Reinsurance Renewal Prices Moderate as Capacity Exceeds Cedent Demand: Brokers

Strong returns in the reinsurance sector are attracting capital and leading to favorable pricing outcomes for buyers — but underwriting discipline continues, according to renewal reports from three reinsurance brokers. Despite heavy natural catastrophe losses in the first quarter, reinsurance …

16 05, 2025

Lloyd’s ‘Laser Focused’ on Oversight of Coverholders to Proactively Avoid Market Risk

By | May 16th, 2025|Uncategorized|Comments Off on Lloyd’s ‘Laser Focused’ on Oversight of Coverholders to Proactively Avoid Market Risk

Lloyd’s is laser focused on the oversight of delegated underwriting authorities to make sure these facilities do not drag down the market in the same way that poor management of managing general agents did in the past, according to Rachel …

14 05, 2025

Business Moves: Insurtech wefox to Sell Italian Businesses to PE Firm J.C. Flowers

By | May 14th, 2025|Uncategorized|Comments Off on Business Moves: Insurtech wefox to Sell Italian Businesses to PE Firm J.C. Flowers

German Insurtech wefox has agreed to sell its Italian businesses, wefox MGA S.r.l. and wefox Services Italy S.r.l., to U.S. private equity firm J.C. Flowers & Co. Financial details of the deal were not disclosed. Founded in 2015, wefox has …

28 04, 2025

Brokers Aon and WTW Report 5% Organic Growth in 1st Quarter, Level With Q1 2024

By | April 28th, 2025|Uncategorized|Comments Off on Brokers Aon and WTW Report 5% Organic Growth in 1st Quarter, Level With Q1 2024

The brokers Aon and WTW both reported organic revenues of 5% for the first quarter of the year, level with Q1 2024. Aon’s total revenue in the first quarter increased 16% to $4.7 billion compared to $4.1 billion during Q1 …

4 04, 2025

Buyer-Friendly April Reinsurance Renewal Bodes Well for Mid-Year Renewals: Brokers

By | April 4th, 2025|Uncategorized|Comments Off on Buyer-Friendly April Reinsurance Renewal Bodes Well for Mid-Year Renewals: Brokers

The April reinsurance renewals saw a competitive, buyer-friendly market with plentiful capacity and price reductions for loss-free accounts – in a continuation of the favorable market conditions seen in January, according to reports published by Aon and Gallagher Re. “The …

28 03, 2025

MS&AD Insurance Group Announces Merger of 2 Non-Life Subsidiaries

By | March 28th, 2025|Uncategorized|Comments Off on MS&AD Insurance Group Announces Merger of 2 Non-Life Subsidiaries

MS&AD Insurance Group Holdings Inc. announced it will merge two of its non-life insurance company subsidiaries – Mitsui Sumitomo Insurance Co. Ltd. and Aioi Nissay Dowa Insurance Co. Ltd. The aim of the merger is to build a more robust …