With risk free rates at decade long highs, investment contribution is now a critical component of returns on equity
ICMR analysis shows (re)insurer P/b’s close to long term highs, but still relatively undervalued
Lloyd’s stated year-on-year rate improvement not reflected in reported loss ratios
Successful leaders and smart follow-onlys likely to benefit at the expense of a middle market squeeze
Enhance solvency using swaps to take advantage immediately post-event
To assess whether investments in Lloyd’s are worthwhile, investors’ expected returns must be compared against the weighted average cost of capital (WACC).
It’s all about enhancing performance and timing the exit
First look at Lloyd’s 2021 results
What do capital markets tell us about premium rate change for the global specialty (re)insurance industry?
The Casualty Actuarial Society publishes reserving paper using probabilistic programming
Research by ICMR shows that comparing stock performance of specialty re/insurance companies with the S&P 500 can provide new insight into the state of the insurance cycle
Lloyd's wrote £448bn of gross premiums since 2000, incurring gross claims to policyholders of £288bn, delivering a net combined ratio of 98% and generating £20bn for its investors. What happened?