- September 6, 2019
- Posted by: lutherpendragon
- Category: Insurance news

week commencing 01/09/19:
Westminster may be in a flap over who’s a chlorinated chicken, but we’re not ‘frit’ to hunt down the pick of this week’s stories as Luther Towers returns to full strength after the summer break.
Carolinas vs Dorian
Parts of Charleston under water as Dorian moves through the Carolinas. . Insurance Insider
Tesla’s move into broking just the start
Tesla’s move to broke customers’ motor policies in California is just the start of a journey towards underwriting customer risks using its own balance sheet in a bid to cut premiums by 20-30%. . Financial Times
Lloyd’s syndicates looking to double-down
Many syndicates want to double capacity in the 2020 year of account; but will Lloyd’s go with the flow given the profitability drive? . Insurance Day
Credit and political risk market on a high
According to a report by Gallagher, capacity is close to an all-time high in the commercial political risk and trade credit market, creating plenty of opportunity for insureds to place complex risks at competitive prices. . Intelligent Insurer
Brexit takes $75bn out of London insurance market
Regardless of how Brexit happens, historic business has already been moving out of the London market according to a recent report. . Bloomberg
Aviation renewals up in the air
A combination of reducing capacity, rising manufacturers’ liability claims and broker disruption is seeing commercial aviation rate rises in the double digits. . Insurance Insider
Breath-taking losses drive re-set for renewables
Solar panels don’t do well with hailstones the size of baseballs. Wind turbines – some the height of the Eiffel Tower – are costly to repair. Losses are driving a restructuring of cover in the renewable energy market. . Insurance Day
More aggressive regulation drives demand in Asia-Pac
Rising regulatory risks, particularly in Singapore and Hong Kong, are driving rising demand for D&O cover across the Asia-Pac region. . Commercial Risk Asia
S&P warns reinsurers of ‘secular headwinds’
Commoditisation and alternative capital are just two of the concerns raised by S&P in a report which suggests the industry can learn lessons from others that have faced disruption. . Asia Insurance Review
Getting innovative around innovation
Is innovation now so important we need to study it for its own sake as the science of progress? . Economist podcast
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