Ledgebrook raises $24mn in AFV-led Series A to support E&S expansionMGA Ledgebrook has raised $24mn in a Series A round led by American Family Ventures, with the proceeds earmarked to support the launch of additional products, add talent and fund a captive to retain a portion of its business and align with its reinsurers, E&S Insurer can reveal.
This year we delivered 84 percent but with not very much cat. Next year, we believe that should be between 90 and 95 percentLloyd’s CFO Burkhard Keese reflects on the market’s 2023 combined ratio and gives guidance for FY24
Lloyd’s Keese & Potter: Deep-rooted challenges around attracting capital are not insurmountable TVLloyd’s special advisor Des Potter and CFO Burkhard Keese have identified overburdensome governing rules and aspects of Lloyd's antiquated structure as the main barriers to attracting more institutional investors and private capital to the market.
TV Leading VoicesRenewalsLancashire's Maloney predicts "more orderly" Florida renewalsLancashire CEO Alex Maloney has hailed current market conditions as the best for "more than a decade" but said investors will likely remain cautious on the sector until the market shows it can deliver consistent profitable returns.Thu 18 May 2023
TV Leading VoicesCapitalHelios’ CEO bullish on growth trajectory as Lloyd’s enjoys “its time in the sun”The “exceptional” market opportunities at Lloyd’s are driving positive growth momentum for Helios Underwriting, with its newly appointed CEO Martin Reith saying the unique investment vehicle will continue to outperform in 2023 and beyond as it looks to support its syndicate portfolio and explore other options.Wed 26 Apr 2023
TV Close QuarterCapitalAkinovA’s Winand: Diversifying data sets key to attracting more capitalThe solution to attracting more capital and liquidity to underwrite emerging risks such as cyber is to ensure “several sources” of information are made available to enable informed decision-making, according to AkinovA’s CEO and co-founder Henri Winand.Fri 21 Apr 2023
TV Close QuarterCapitalAon’s Schultz: Modelling inaccuracies “principal concern” for ILS marketThe industry’s inability to accurately calibrate models is the “principal concern” for ILS investors, with 2022’s loss experience exacerbating this issue and causing a number of deals to be delayed during the fourth quarter, according to Aon Securities CEO Paul Schultz.Fri 10 Mar 2023
“Heightened volatility and prolonged uncertainty” to drive reinsurance demand in 2021 – Guy Carpenter’s David Priebe