Underwriting expansion marks strong start to year for Lancashire
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Reinsurance activity and US-based insurance gains helped offset aviation-related softness
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Reinsurance activity and US-based insurance gains helped offset aviation-related softness
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[ad_1] Lloyd’s 2024 results Gross written premium for the year, meanwhile, rose to £55.5 billion, up from £52.1 billion in 2023, representing a 6.5% increase. The growth was driven primarily by an 8.5% rise in volume, including 7.6% from existing syndicates and 0.9% from new entrants. [ad_2] Source link
[ad_1] A key part of the underwriting process—and a major factor in determining property eligibility and pricing—is a community’s ISO Public Protection Class (PPC). The PPC program, developed by ISO, evaluates a community’s fire protection capabilities, including emergency communications, fire department readiness, water supply, and community risk reduction efforts. [ad_2] Source link
[ad_1] In a decision issued April 10, 2025, the Oregon Supreme Court affirmed that Continental Casualty Company retains the right to seek contribution from another insurer for environmental cleanup defense costs it paid, even after the co-insurer entered into a settlement with the insured. The court’s ruling in Continental Casualty Co. v. Argonaut Insurance Co.,…
[ad_1] Storey began his career in human services, with a background in mental health, veterans’ wellness, and substance use sectors. He holds a master of social work degree from Rutgers University and is a Certified Praesidium Guardian, reflecting training in abuse prevention and risk management. [ad_2] Source link
[ad_1] Nearly 1,500 reports of severe storms were recorded between April 2 and 7 [ad_2] Source link
[ad_1] Jeffrey Goldberg, editor-in-chief of The Atlantic, revealed on Monday that he got added to a group chat on the application Signal where top US officials, including National Security Advisor Michael Waltz and Vice President JD Vance, discussed plans to bomb Houthi targets across Yemen earlier this month. [ad_2] Source link