Berkshire Hathaway Specialty Insurance (BHSI) has bound its first P&C risks as it fulfills expectations of starting to underwrite inside its first month, The Insurance Insider can reveal…Read more
Hiscox and Aon are in advanced talks about the creation of a property facility that would generate $15mn-$20mn for the London-listed carrier, The Insurance Insider can reveal…Read more
Chinese carriers are taking significant participations on large US and global property programmes as they look to diversify exposures and grow their premium bases…Read more
Up to four parties remain in due diligence with the specialty insurer Torus ahead of the 31 May deadline for final bids, The Insurance Insider understands…Read more
Lloyd's performance management director Tom Bolt has warned Lloyd's insurer CEOs and senior executives of the compliance requirements they will be placed under if they enter into arrangements that ape the controversial Aon-Berkshire Hathaway "sidecar" deal…Read more
Lloyd's is planning to boost its Lloyd's China outpost by expanding its Beijing back office into a full underwriting platform…Read more
Bermuda-headquartered White Mountains is the latest (re)insurer to enter the convergence arena by unveiling a new capital markets division through its reinsurance arm Sirius International… Read more
The global P&C market will expand by 50 percent to EUR1.85tn over the next eight years, fuelled by rampant economic expansion and the growth of the middle classes in emerging economies, according to the industry's largest reinsurer… Read more
Generalist investors - such as pension funds and other mainstream fund managers - are continuing to lift their share of new cat bond issuance in 2013, according to updated statistics obtained by sister publication Trading Risk… Read more
Amlin grew its top line by 7 percent during the first four months of the year, falling short of the 11-12 percent growth reported by its fellow quoted peers Beazley, Catlin and Hiscox, all of which based their interim reports on the first quarter alone… Read more
Three of the big four listed Lloyd's (re)insurers lifted their gross written premiums in the first quarter… Read more
Reinsurer M&A 2012… Read more
The Insurance Insider Data Room tracks the latest company and industry loss developments from Superstorm Sandy… Read more
Weekly share price movements and key data on The Insurance Insider's universe of P&C (re)insurers and brokers… Read more
Weekly share price movements and key data on The Insurance Insider's universe of P&C (re)insurers and brokers… Read more
Travelers opened a $1.25bn hole in its previously tight US cat programme after running its Longpoint Re II securitisation through RMS Version 11 created a much higher attachment point for the cat bond, The Insurance Insider reported in June… Read more
Social networking site Facebook bought $100mn of standard ABC-side directors' and officers' cover - offering the company and its directors protection against corporate liabilities - along with a further $100mn of A-side only cover, which is available to directors and officers if the company is unable or unwilling to indemnify them, The Insurance Insider reported in May 2012.… Read more
Up to four parties remain in due diligence with the specialty insurer Torus ahead of the 31 May deadline for final bids, The Insurance Insider understands.… Read more
Bermuda-headquartered White Mountains is the latest (re)insurer to enter the convergence arena by unveiling a new capital markets division through its reinsurance arm Sirius International.… Read more
The UK P&I club is on risk for the cost of the Jolly Nero container ship crash in the Italian port of Genoa, The Insurance Insider has learned.… Read more
A New York district judge has dismissed a private Libor suit against UK-headquartered Barclays bank, saying that many of the plaintiffs' claims were "non-actionable puffery".… Read more
Berkshire Hathaway has had its counterparty credit rating downgraded by Standard & Poor's (S&P) from AA+ to AA with a negative outlook on all the group's ratings - including financial strength - partly due to capital adequacy questions.… Read more
Ratings agency Standard & Poor's (S&P) said that Solvency II should not be portrayed as a "villain" for requiring high capital levels, because in some cases the existing requirements were too low… Read more
European legacy specialist Compre has completed the acquisition of a run-off portfolio of motor liabilities from Swiss Re after obtaining approval from the Swiss Financial Markets Authority.… Read more
Estimates of damage to surrounding homes and business suggests that the overall insurance bill from the explosion at West Fertilizer's plant in West, Texas, last week may reach $100mn, according to the Insurance Council of Texas. … Read more
He may be an American citizen, but Tom Bolt has certainly mastered the ancient British art of understatement… Read more
Fresh from the successful £1.2bn IPO of his motor insurer esure, industry entrepreneur Peter Wood is our May profile… Read more
When The Insurance Insider returned to Bermudian shores in late 2012 for its latest reinsurance roundtable it was with one eye on the past and one eye on the future… Read more
This bespoke guide includes an introduction to key measures used to assess (re)insurers financial strength, profitability and underwriting profile and performance… Read more
When The Insurance Insider sat down to set themes for discussion at its first ever PCI roundtable, it eased into autopilot mode. A benign hurricane season and the dynamics of excess supply and dwindling demand looked set to dominate in the lead up to the 1 January reinsurance renewals… Read more
With so much background noise and potentially conflicting information being put out at this important time in the reinsurance calendar, we at thought that it would be a valuable exercise to compile the key ‘takeaways' for the 1 January 2013 renewals season… Read more