EY

UK motor insurance hits 33-year high in 2018: EY

UK motor insurance books posted a net combined ratio (NCR) of 94.8 percent last year, making 2018 UK motor’s best performing year since 1985, according to EY analysis.

P&C market must transform digitally to offset “sluggish” growth: EY

Property & Casualty insurers must focus on technology and innovative initiatives that optimize costs, drive wider distribution and market reach and explore local niche market segments in order to spur growth, EY has said.

The storm before the calm…

The Insurer was in Bermuda last week and the weather was a perfect metaphor for the mood among (re)insurers.

Ariel Re: Retro driving 1.1 property cat rate rises

Property cat rates will rise in 2019 fuelled in part by a decline in confidence among some ILS investors which is having a notable impact in the retro markets, a leading Bermudian cat reinsurer predicted today.

Culture shift driving a world of ‘fewer, lighter and leaner’ carriers

The number of carriers in the (re)insurance market will shrink as (re)insurers adapt to evolving market conditions, Michael Millette, managing partner of Hudson Structured Capital Management has said.

Blockchain needs to be adopted by all to be of use

Senior executives from the Bermuda market have debated the benefits blockchain technology can bring to the (re)insurance market.

Managing delegated risk

EY partner Simon Burtwell is a leading authority on delegated authorities. He predicts growth will continue but warns (re)insurers that regulators are scrutinising all forms of delegated underwriting,

Global delegated authority premiums swell to £65bn: EY

Premiums written through delegated authority underwriters hit £65bn in 2017, an increase of almost a third in just four years, according to a new study by EY.