Covid-19 is changing the way the market works and many changes will remain in the long term
The Lloyd's insurer is using data analysis and other tools to enable the underwriting function to have more autonomy and make better decisions
Lloyd’s hubs in Asia have seen several closures recently, although appetite for Asian risk among London’s carriers is varied and the closure of regional operations is by no means permanent
Competition and the ability of operators to self-insure through captives and industry mutuals are keeping nuclear insurance rates down, despite rising non-nuclear attritional losses
Malaysian and Indonesian government measures to kick-start local Islamic economy open doors for London market to provide Shariah-compliant products
The practical and legal implications of affirming or excluding cyber risk in policies can be challenging for carriers
The recent flurry of Lloyd’s run-offs has highlighted the need for smaller players to focus on their core strengths as sustainable profitability continues to prove elusive
The insurance industry can no ignore the revolution brought about by the combination of technology driven business models and the changing priorities of a younger generation
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