L.S. Howard

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So far L.S. Howard has created 506 blog entries.
27 05, 2025

Political Risk Cover Demand Rises, Profits Are Strong, but GWP Growth Lags: Report

By | May 27th, 2025|Uncategorized|Comments Off on Political Risk Cover Demand Rises, Profits Are Strong, but GWP Growth Lags: Report

Demand for political risk insurance is likely to rise by 33% due to tariff uncertainty and the instability of the current trading environment, according to Howden’s 2025 survey of multinational corporates with revenue of more than US$1 billion. Rising geopolitical …

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 …

25 03, 2025

Premium Growth Is Good but Disciplined Growth Is Better: Lloyd’s Execs

By | March 25th, 2025|Uncategorized|Comments Off on Premium Growth Is Good but Disciplined Growth Is Better: Lloyd’s Execs

The Lloyd’s executives said the market has continued to demonstrate its value to stakeholders by delivering 6.5% premium growth while maintaining underwriting discipline. Lloyd’s saw a continuation of positive returns with profit before tax of £9.6 billion during 2024, down …

14 03, 2025

US Property-Catastrophe Reinsurance Rates Likely to Stabilize During Midyear Renewals

By | March 14th, 2025|Uncategorized|Comments Off on US Property-Catastrophe Reinsurance Rates Likely to Stabilize During Midyear Renewals

Reinsurance renewal rates continued dropping during this year’s January renewals, but US property-catastrophe reinsurance pricing is likely to stabilize during the coming midyear renewals, according to a report from Moody’s Ratings. “The upcoming midyear 2025 reinsurance renewals, which focus on …

1 11, 2024

Global Reinsurers’ ROE Jumps to 22% in 2023, but Market Softening Unlikely: AM Best

By | November 1st, 2024|Uncategorized|Comments Off on Global Reinsurers’ ROE Jumps to 22% in 2023, but Market Softening Unlikely: AM Best

AM Best’s population of global reinsurance companies posted a return on equity (ROE) of 22% in 2023 – a five-year high that was driven mainly by favorable investment income and strong underwriting performance. The fundamentals are excellent but Hurricanes Helene …

9 10, 2024

Predictive Model Delivers Insights as Insurers, Reinsurers Brace for More Civil Unrest

By | October 9th, 2024|Uncategorized|Comments Off on Predictive Model Delivers Insights as Insurers, Reinsurers Brace for More Civil Unrest

Executive Summary: Insurers and reinsurers are responding to heightened risks of civil unrest with better calculations of their probable maximum losses, careful risk pricing, clear contractual wordings, and by using new modeling tools to help grasp this potentially costly risk. …