Buell Hospitality’s Post

Skadden was a founding sponsor of London ReDirect 2024, a conference focused on the UK and European life and annuity reinsurance sector. We had a great lineup of conference sponsors: Athene; Sixth Street; Pacific Life Re; Aviva; Canada Life Reinsurance; InEvo Re; Legal & General; Milliman; SCOR; Reinsurance Group of America, Incorporated; Resolution Life; Hannover Re; Standard Life UK; @Brookfield Wealth Solutions; and Warwick Re. The conference was viewed as a resounding success and we are already planning for 2025.   Here are our Top Ten Takeaways from London ReDirect 2024: #europe #insurance #reinsurance #annuity #financialservices

As we close out a busy October, we are delighted to share our 4th “𝐋𝐮𝐧𝐜𝐡 𝐚𝐧𝐝 𝐋𝐞𝐚𝐫𝐧” video.    As leaders at Lloyd's, we’re excited to bring you quick, insightful videos that help deepen your understanding of the iconic Lloyd’s market.    Thank you very much to everyone who has watched and engaged with our video series so far. We’re thrilled that you’ve enjoyed it so much.     In today's video, we’re looking at the unique ‘Business Units’ at Lloyd’s known as Syndicate’s. From pooling risks to enabling global insurance, syndicates are the backbone of Lloyd's of London. Discover how they operate and why they play a crucial role in the world of insurance.    So, grab your lunch, click the link below and learn more about the Lloyd’s market in just a few minutes: - https://lnkd.in/enbkbb4p    Don’t forget to follow our page, Hampden Agencies Limited, for more short and informative insights about Lloyd’s. A very big thank you to John Francis for taking the time to share his expertise about Lloyd’s with us in this video.   #LloydsofLondon #LunchAndLearn #HampdenAgencies #Intermediaries #IndependentFinacialAdvisors #ThirdPartyAdvisors #WealthManagers #Investment #CapitalManagement #AssetManagement #HighNetWorth #FamilyOffices #InsuranceIndustry #insurance #ReInsurance

How well do you understand the upcoming Debt to Income regulations? Meurig highlighted some potential consequences for the SME market who currently fund their facilities against property. Will this see a fundamental change in business funding from ‘asset’ based to cashflow based? Trade data will become crucial in supporting cash flow lending. Contact Creditworks for a no obligation discussion on the credit risk assessment tools available to you Enquires@creditworks.co.nz

📢 Exciting news! Aviva has made impressive strides in the first half of the year, despite facing scrutiny on its reinsurance practices. The recent article by Proactive Investors UK delves into the details, highlighting the resilience and determination of Aviva in navigating challenges. Check out the insightful piece to gain a deeper understanding of the company's performance and strategic approach. #Aviva #Insurance #FinancialPerformance https://ift.tt/hdltpZk

https://lnkd.in/dUqJyGtm Direct Line Group rejects second offer at implied value 237p. Analysts believe 270p to 300p would entice DLG shareholders. I think it's a bad time for DLG to sell - UK economy recovering; risk assets on the up; inflation being tamed. Plus, DLG have new CEO Adam Winslow who can turn it around. Great brand, good people and claims advantage with repair network ownership. Ageas will likely have to dig deeper into their pockets.

Congratulations to Aviva Broker UK who were named Bravo Business Partner of the Year at the Bravo Conference a couple of weeks ago. Michael Yabantu, Director – Mid-Market, who was also our keynote speaker at the event, had this to say. Members, if you'd like to find out more about how working with Bravo and Aviva could help accelerate your business growth, please speak to your BDM. If you're not a Bravo member and you'd like to find out more about how our strong industry relationships could help to boost your trading ambitions, please speak to Simon Bailey. #bravoconference24 #GrowProtectSupport

At the recent Berkshire Hathaway AGM, Warren Buffet highlighted the part insurance plays in investor returns, saying “Insurance is the most important business at Berkshire”.     As experts who only invest at Lloyd's, John Francis, our Head of Research, gives his spring market update. In this update John highlights;    - 𝐄𝐱𝐜𝐞𝐩𝐭𝐢𝐨𝐧𝐚𝐥 𝐔𝐧𝐝𝐞𝐫𝐰𝐫𝐢𝐭𝐢𝐧𝐠 𝐏𝐞𝐫𝐟𝐨𝐫𝐦𝐚𝐧𝐜𝐞:  Lloyd's achieved an underwriting profit of £5.9bn in 2023, with a net combined ratio of 84.0%, the best since 2007. This remarkable performance reflects the strength of market conditions, with the attritional loss ratio below 50% for the third consecutive year.    - 𝐅𝐚𝐯𝐨𝐮𝐫𝐚𝐛𝐥𝐞 𝐌𝐚𝐫𝐤𝐞𝐭 𝐂𝐨𝐧𝐝𝐢𝐭𝐢𝐨𝐧𝐬:  The current rating environment and growth opportunities at Lloyd’s provide an optimal time for higher returns. Property reinsurance remains in a "hard market," with global reinsurance rates up by 76% since 2017, presenting attractive conditions for investors.    - 𝐒𝐭𝐫𝐚𝐭𝐞𝐠𝐢𝐜 𝐏𝐚𝐫𝐭𝐧𝐞𝐫𝐬𝐡𝐢𝐩𝐬 𝐚𝐧𝐝 𝐍𝐞𝐰 𝐎𝐩𝐩𝐨𝐫𝐭𝐮𝐧𝐢𝐭𝐢𝐞𝐬:  Hampden Agencies Limited is proud to introduce the new Lloyd’s Syndicate 3123 in partnership with The Fidelis Partnership, backed by Hampden clients. The syndicate benefits from strong leadership from Richard Brindle and aims to deliver consistent outperformance in underwriting.    Click on the link to watch John’s full market update. https://lnkd.in/ehUMxhHU      #LloydsofLondon #HampdenAgenciesLimited #IndependentFinacialAdvisors #ThirdPartyAdvisors #WealthManagers #investment #capitalmanagement #assetmanagement #highnetworth  #hnwi #familyoffices #londonmarket #familyoffice #insuranceindustry #insuranceagency #insuranceadvisor #insurance #insurancepodcast #reinsurance #insuranceindustry #insuranceagency #insuranceadvisor    (Capital may be at risk)

Altus Consulting has opened a new London office in the Lloyd's of London building. Read the article in Insurance Times, with comments from Altus' CEO Martyn Evans on our significant growth and why we selected the Lloyd's of London building as a base from which to support our London-based Financial Services customers. Link in the comments below. #LloydsofLondon #FinancialServices #Consultancy #InsuranceNews

Here is Hampden’s latest video podcast quarterly commentary on reinsurance and insurance market conditions. Together with quotes from Warren Buffet, Evan Greenberg and Patrick Tiernan, Lloyd’s Chief of Markets, who welcomed the launch of Fidelis Syndicate 3123, where Hampden clients are the cornerstone capital providers saying: “The Fidelis Partnership team brings a depth of underwriting leadership and supports our ambition of having the world’s best underwriters operating on the Lloyd’s platform”. Broker, Willis Towers Watson in its Spring 2024 Marketplace Realities report commented: “Our industry is exceptionally well positioned to bring some much-needed stability to the wider world. You might want to whisper it, but it’s still the truth: this is a good market, and we should be celebrating it”. That is good news for underwriting returns for our clients investing at Lloyd’s. And the outlook for syndicate investment returns on their reserves and premiums remains good too. Interest rates are remaining “higher for longer” than expected, with the US 2 Year Treasury currently yielding nearly 5%. We believe the current rating environment along with the growth opportunity at Lloyd’s provide the optimal time to realise higher returns. Click on the link to watch the full market update. https://lnkd.in/eMkwkUi8 Capital is at risk.

Looking forward to attending I Love Claims conference and having a good chat about the future of claims! #conference #claims #futureofclaims #commercialclaims #howdenclaims