Syndicate Results 2020 #54 Syndicate 3000 Markel International

The Lloyd’s syndicates have now published their results and, in some cases, added detail and an outlook for 2021. As in the past three years, IMN is summarizing the results from all syndicates that have a marine interest which have provided some information on the marine side. Paul H Jenks...

https://insurancemarinenews.com/insurance-marine-news/syndicate-results-2020-54-syndicate-3000-markel-international/

American Club incurs small loss for 2020, particularly bullish on American Hellenic Hull

American Club, publishing its annual report for last year, has said that 2020 was “a uniquely difficult year”. The disruption caused by Covid-19 brought “unprecedented challenges to global commerce”. Retained claims stabilized, largely unaffected by the pandemic, but Pool exposures continued to rise. Premium pricing gained further traction across all insurance lines. Investment returns remained…

The post American Club incurs small loss for 2020, particularly bullish on American Hellenic Hull...

https://insurancemarinenews.com/insurance-marine-news/american-club-incurs-small-loss-for-2020-particularly-bullish-on-american-hellenic-hull/

GWP declines at Steamship – CR rises to 125.4% after Covid, Group Pool claims

Steamships’ just published full figures for 2020-21 have revealed a decline in gross written premiums (GWP) to $284.0m in 2020-21, compared with $308.7m the previous year. The financial year combined ratio rose to 125.4%, from 99.8% in 2019-20. The Club said that this was due to Covid-19-related...

https://insurancemarinenews.com/insurance-marine-news/gwp-declines-at-steamship-cr-rises-to-125-4-after-covid-group-pool-claims/

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