Insight and Intelligence on the London & International Insurance Markets

29 June 2017

Search archive

Korean Re defers start-up ambitions until 2019

Top 10 reinsurer Korean Re has extended its timeline on a Lloyd's start-up and does not now expect to have a fully-fledged syndicate operating until 2019, The Insurance Insider can revealRead more

IDA Ireland sees end to Brexit licence rules divergence

The international financial services head of Ireland's investment and development agency expects a reduction in "inconsistencies" between EU watchdogs assessing licence applications from Brexit migrants, after a central regulator issued guidelinesRead more

Exin seals $1.1bn deal for Greek insurer Ethniki

Matt Fairfield's start-up Exin has signed a deal to acquire a 75 percent stake in Greek state-owned insurer Ethniki in a transaction valuing the business at EUR958mn ($1.09bn)Read more

Duperreault signals shift from buybacks to acquisitions

Newly appointed AIG CEO Brian Duperreault has suggested he will redirect the company’s excess capital from share repurchases towards acquisitions if he can show them to be value-addingRead more

Jinzenji named Japan CEO at Munich Re

Brian Jinzenji has been appointed CEO and country representative for Japan at Munich Re, effective from 1 JulyRead more

Reinsurers team up with World Bank on pandemic initiative

Munich Re and Swiss Re have joined forces with the World Bank, World Health Organization and financial sector peers to create a product to fight epidemics and pandemics in developing countriesRead more

News analysis

See more news analysis

Carriers turn to expense management amid soft market conditions

With the current pricing environment leaving little room for P&C (re)insurers to boost their profits, expense management has become an increasingly popular strategy for widening marginsRead more

Carriers spared by benign cat losses

P&C (re)insurers benefited from another quarter of low catastrophe loss levels, with the only large cat events occurring in the USRead more

Shift to standalone cover as cyber top line grows: AM Best

Top US cyber writers shifted from packaged policies towards standalone cover as the segment's top line grew last year, according to AM BestRead more

JLT Specialty voted the top political violence broker

JLT Specialty is the broking firm held in the highest regard by political violence underwriters, according to a study of the terrorism insurance market by The Insurance Insider's rankings teamRead more

Surplus lines lead performance at Starr subsidiaries

Insurance and reinsurance companies under the ownership of Starr International Company Incorporated (SICO) have recorded a healthy underwriting performance in recent calendar years, led by its North American surplus lines unitRead more

More coverage

Mergers & Acquisitions

USI strikes deal to acquire Wells Fargo broker

KKR-backed intermediary USI has agreed a deal to acquire Wells Fargo's insurance broking business for an undisclosed consideration, the Valhalla, New York-based broker announced todayRead more

Trading RiskAll Articles
The reinsurance convergence market uncovered

Swiss Re expands retro sidecar

Swiss Re expanded its Sector Re sidecar to $492mn midway through 2017 to increase its retro support from the vehicle by $100mn in the past year, sister publication Trading Risk revealed last week. Read more

Loss fileAll Articles
Major losses and claims tracked

Debbie claims near A$1bn: ICA

Insured losses from Cyclone Debbie, which struck the east coast of Australia in late March, have neared A$1bn ($767bn), the Insurance Council of Australia said todayRead more

The latest on litigation and legal developments

(Re)insurers sue El Faro data provider for $49mn

Several Lloyd's and US (re)insurers have launched a $49mn legal action against Norwegian weather data provider StormGeo alleging defective read-outs from its system contributed to the sinking of the El Faro in 2015, according to court documents.Read more

BriefingsAll Articles
Mapping the regulatory and legislative landscape

IDA Ireland sees end to Brexit licence rules divergence

The international financial services head of Ireland's investment and development agency expects a reduction in "inconsistencies" between EU watchdogs assessing licence applications from Brexit migrants, after a central regulator issued guidelinesRead more

Solvency IIAll Articles
All the latest news and analysis

EC threatens states with court action over Solvency II

The European Commission (EC) has called on five EU member states to fully transpose Solvency II rules into national legislation or face a referral to the EU Court of Justice.Read more

In-depth coverage of the run-off sector

Davies brought in as Darag executive chairman

Stuart Davies, former CEO of Sompo Canopius, has been appointed executive chairman of run-off specialist Darag, The Insurance Insider understandsRead more

Inside FACAll Articles
Full coverage of the facultative reinsurance market

Protector Forsikring is insurer for Grenfell Tower

Norwegian insurer Protector Forsikring ASA is the insurer of the Grenfell Tower in west London that was devastated by a fire overnight, according to reportsRead more

Insider Comment

See more Insider Comments

If it is broke, fix it

It turns out that markets aren't broken after allRead more

Research & Supplements

See more Research & Supplements
TRIG spring 2017

Trading Risk Investor Guide H1 2017

Trading Risk was first launched in 2008 just before the crux of the financial crisis - a period that was ultimately to boost the fortunes of the ILS market, as it showed the value of a truly non-correlating asset classRead more

Bermuda RT 2016 2017

Bermuda Roundtable 2016/17

Bermuda RT 2016 2017 It's a bit of a cliché to say we're living in interesting times, but clichés become clichés because there's more than an element of truth to themRead more

PCI RT 2016

PCI Roundtable 2016

As Hurricane Matthew reached peak intensity and set its sights firmly on Florida in early October there was talk of "the big one": a storm of such magnitude that it could alter the inexorable softening course of the US (re)insurance marketRead more

20th anniversary cover

20th anniversary issue

The passing of 20 years of The Insurance Insider is a moment to celebrate the achievements of a publication that is now firmly embedded in the global P&C (re)insurance sectorRead more

Euromoney Trading Limited - 3rd Floor, 41 Eastcheap, London, EC3M 1DT, United Kingdom. The content of this website is copyright of Euromoney Trading Limited 2017. All rights reserved Euromoney Trading Limited actively monitors usage of our website and products and reserves the right to terminate accounts if abuse occurs.