Insight and Intelligence on the London & International Insurance Markets

26 May 2013

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NOAA adds to ‘active’ 2013 hurricane predictions

The US National Oceanic and Atmospheric Association (NOAA) has added to the estimates of a potentially tough Atlantic hurricane season after predicting an "active or extremely active" 2013Read more


Eqecat estimates Oklahoma tornado losses at $2bn-$5bn

Insured property losses from the deadly spate of 18-20 May US tornadoes are expected to reach between $2bn and $5bn, according to catastrophe risk modeller EqecatRead more


Marketform to diversify into US med mal insurance

Lloyd's insurer Marketform is stepping into US medical malpractice insurance business from the start of next month as it looks to diversify its international portfolioRead more


Marsh buys Aon-representative broker in Peru

Marsh is adding to its South American platform with a deal to buy leading Peruvian broker Rehder y Asociados Group for undisclosed termsRead more


Charles Taylor continues London claims build-out

Xchanging senior claims adjuster Darren Moles has resigned and is set to join rival service provider Charles Taylor, after another senior claims staffer resigned earlier this week, The Insurance Insider can reportRead more


Tokio Marine and Zenkyoren discuss strategic alliance

Japanese big three insurer Tokio Marine and giant agricultural cooperative Zenkyoren have disclosed that they are holding discussions about the formation of a "comprehensive strategic alliance"Read more


News analysis

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White Mountains latest to climb aboard convergence train

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 InternationalRead more

Global P&C markets to grow 50% in eight years

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 reinsurerRead more


Mainstream investors continue to grow share of cat bond market

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 RiskRead more


Europe holds back Amlin’s 2013 growth

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 aloneRead more

Chinese insurers take major QS of global property programmes

Chinese carriers are taking significant participations on large US and global property programmes as they look to diversify exposures and grow their premium basesRead more

M&A Transaction TrackerAll Articles
Comprehensive record of insurer, reinsurer and broker deals

Reinsurer M&A 2012

Reinsurer M&A 2012Read more

Industry LossesAll Articles
Industry losses tracked, by event and company exposure

Sandy loss file

The Insurance Insider Data Room tracks the latest company and industry loss developments from Superstorm SandyRead more

Share PricesAll Articles
What’s up and what’s down by industry sub-sector

Data room: Share price movements

Weekly share price movements and key data on The Insurance Insider's universe of P&C (re)insurers and brokersRead more

ValuationsAll Articles
Sector analysis of price to book/NTA

Data Room: Valuations

Weekly share price movements and key data on The Insurance Insider's universe of P&C (re)insurers and brokersRead more

Reinsurance ProgrammesAll Articles
Cat programmes uncovered

Travelers 2011/12 reinsurance programme

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 JuneRead more

Insurance ProgrammesAll Articles
Key placements and participants

Facebook 2012 D&O programme

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

More coverage

Mergers & Acquisitions

Marsh buys Aon-representative broker in Peru

Marsh is adding to its South American platform with a deal to buy leading Peruvian broker Rehder y Asociados Group for undisclosed terms.Read more

Trading RiskAll Articles
The reinsurance convergence market uncovered

Gulbransen reunites with Kramer to manage new specialty re portfolio

Brian Gulbransen has re-emerged in the market at ILS Capital Management, the Bermudian fund manager run by his former CEO at Ariel, Don Kramer.Read more

Loss fileAll Articles
Major losses and claims tracked

Eqecat estimates Oklahoma tornado losses at $2bn-$5bn

Insured property losses from the deadly spate of 18-20 May US tornadoes are expected to reach between $2bn and $5bn, according to catastrophe risk modeller Eqecat.Read more

The latest on litigation and legal developments

Southwest Risk sues founding CEO

US wholesale broker ClearView Risk Holdings and its subsidiary Southwest Risk have sued former CEO and board member Bryan Wilburn after he left to set up a competitor, taking two producing brokers with him and allegedly soliciting clients.Read more

BriefingsAll Articles
Mapping the regulatory and legislative landscape

Chinese regulator opts for Solvency II-style framework

The Chinese Insurance Regulatory Commission (CIRC) has issued a three-pillar second-generation solvency framework that will look familiar to Solvency II watchersRead more

Solvency IIAll Articles
All the latest news and analysis as D-day approaches

Chinese regulator opts for Solvency II-style framework

The Chinese Insurance Regulatory Commission (CIRC) has issued a three-pillar second-generation solvency framework that will look familiar to Solvency II watchersRead more

In-depth coverage of the run-off sector

Darag acquires legacy (re)insurer Hanseatica

German run-off (re)insurer Darag has bought the legacy carrier Hanseatica Rückversicherungs-AG in its first acquisition since receiving a EUR60mn capital injection last monthRead more

Inside FACAll Articles
Full coverage of the facultative reinsurance market

West Fertilizer blast TP property bill could hit $100mn

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

Insider Comment

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A gentle reminder…

He may be an American citizen, but Tom Bolt has certainly mastered the ancient British art of understatementRead more

Scriven Profile

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Peter Wood

Fresh from the successful £1.2bn IPO of his motor insurer esure, industry entrepreneur Peter Wood is our May profileRead more

Research & Supplements

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Bermuda 2012

The Insurance Insider Bermuda Roundtable 2012/13

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 futureRead more


II Introductory Guide

The Insurance Insider's Introductory Guide to understanding (re)insurance financials

This bespoke guide includes an introduction to key measures used to assess (re)insurers financial strength, profitability and underwriting profile and performanceRead more

PCI RT

The Insurance Insider PCI Reinsurance Roundtable

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 renewalsRead more


January takeaway2

The Insurance Insider 1.1 Renewals Takeaway

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 seasonRead more

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