The Hive

Welcome to THE HIVE, the place where you will find articles, commentaries and opinion pieces that offer the latest industry insights from Asta.

June 12, 2018

Climate risk: the challenge of pushing short-term thinking businesses to make long-term changes

Insurance can often be an industry centred on short-term thinking. Each year, Lloyd’s requires that its syndicates submit a one-year business plan for approval. While in theory some of these syndicates could be submitting this as only one […]
May 9, 2018

Start-up MGAs’ survival depends on brokers

Forming an MGA is relatively easy for experienced underwriters with a good opportunity and the support of insurers. The difficult part is acquiring a sufficient volume of quality business in a crowded market to ensure the effort doesn’t […]
March 5, 2018

Diversity is the key ingredient to successfully managing emerging risks

Lloyd’s mandate that all Managing Agents have processes in place to identify, assess and manage emerging risks; and they recently clarified that this should involve consideration of at least three risks a year. As with all regulatory changes, […]
February 8, 2018

Last year’s cat losses have helped Lloyd’s get to grips with a changed international environment’

Following last year’s record-breaking natural catastrophe experience, liquidity has come to the top of the agenda for many in the Lloyd’s market at the start of 2018. Several factors are driving this, including investors exercising caution over the […]
January 30, 2018

What does 2018 hold for the MGA model: niche or mainstream?

The MGA model has come a long way. Today, MGAs are generally small, specialised businesses underwriting the niche risks that big players shy away from, though a small number of well-known large-scale businesses have always been a part […]