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Fortis UK reports 16% jump in GWP

Fortis UK reported overall gross written premium for the first quarter 2004 of £144m, an increase of 16% over the same period in 2003 (£124m).

“We are continuing to broaden our presence across all our product range, with significant increases in the small-medium SME commercial market and continued strong underlying performance on household.”

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Iran missile strikes spark risk repricing

The joint assault by Israel and the United States against Iran have sent shockwaves through global insurance markets, triggering risk repricing and renewed scrutiny of accumulation exposure across marine, aviation and specialty lines.

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