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Lockton Re, the reinsurance business of the world’s largest privately held independent insurance broker, is pleased to announce the launch of Lockton Re Portfolio Solutions, a business segment dedicated to Programs and MGAs in the U.S. Lockton Re Portfolio Solutions Launched to Deliver Specialized Programs and MGA Expertise

Lockton Re Portfolio Solutions Launched to Deliver Specialized Programs and MGA Expertise

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New York, December 20, 2024 – Lockton Re, the reinsurance business of the world’s largest privately held independent insurance broker, is pleased to announce the launch of Lockton Re Portfolio Solutions, a business segment dedicated to Programs and MGAs in the ...
Read moreLockton Re Portfolio Solutions Launched to Deliver Specialized Programs and MGA Expertise

Lockton Re Continues to Build out Capital Advisory Capability with Appointment of Sabrina Veau

Lockton Re Continues to Build out Capital Advisory Capability with Appointment of Sabrina VeauLockton Re Continues to Build out Capital Advisory Capability with Appointment of Sabrina Veau

An Inflection Point in the US Casualty Reserving Cycle – Highlights Potential End to Material Adverse Development in Casualty Lines for Calendar Year 2025

In this report on the US Casualty reserving cycle, we explore how material adverse development from prior years is likely to abate for calendar year 2025. After extensive reserve strengthening over the past five years, evidence suggests that (re)insurers will largely be through the adverse development from the soft market block of Accident Years (AYs) 2014-2019 in the Other Liability lines. While there is more uncertainty in recent years, our perspective is that the 2020-2023 AY hard market block is more likely to develop favorably than unfavorably in these lines based on a number of factors.In this report on the US Casualty reserving cycle, we explore how material adverse development from prior years is likely to abate for calendar year 2025. After extensive reserve strengthening over the past five years, evidence suggests that (re)insurers will largely be through the adverse development from the soft market block of Accident Years (AYs) 2014-2019 in the Other Liability lines. While there is more uncertainty in recent years, our perspective is that the 2020-2023 AY hard market block is more likely to develop favorably than unfavorably in these lines based on a number of factors.

New Lockton Re Report: An Inflection Point in the US Casualty Reserving Cycle - Highlights Potential End to Material Adverse Development in Casualty Lines for Calendar Year 2025

Lockton Re, the reinsurance business of the world’s largest privately held independent insurance broker, today launches a new report - An Inflection Point in the US Casualty Reserving Cycle, which discusses trends that indicate we may be close to turning the page on additional reserving for recent soft market years in US Casualty (Re)insurance as an industry. Lockton Re, the reinsurance business of the world’s largest privately held independent insurance broker, today launches a new report - An Inflection Point in the US Casualty Reserving Cycle, which discusses trends that indicate we may be close to turning the page on additional reserving for recent soft market years in US Casualty (Re)insurance as an industry.
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