Insight and Intelligence on the London & International Insurance Markets

14 February 2016

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AIG shares trade strongly after board shake-up

American International Group (AIG) shares traded up by as much as 7.4 percent this morning (12 February) as investors reacted positively to the addition of activist shareholder representatives to its boardRead more


Asia Capital Re eyes South Korea expansion

Singaporean reinsurer Asia Capital Reinsurance (ACR) has applied for permission to set up a branch in South Korea, according to local media reportsRead more


AIG exits LPL and targets other casualty withdrawals

American International Group (AIG) is exiting lawyers' professional liability (LPL) business and conducting full or partial withdrawals from the environmental and construction casualty sectors, The Insurance Insider can revealRead more


Sompo Canopius books $23mn Tianjin impact

Sompo Canopius suffered a loss of 2.6bn yen ($23.1mn) from the Tianjin explosions in August last yearRead more


Tokio Marine grows reinsurance premium by a third

Tokio Marine's reinsurance arm defied the soft market environment to grow its net written premiums by 33 percent to 163.1bn yen ($1.45bn) for the nine months to 31 DecemberRead more


Reserve charge sends AIG P&C to $2.34bn loss

American International Group's (AIG) property casualty unit fell to a $2.34bn fourth quarter operating loss as a result of its preannounced $3.6bn pre-tax reserve charge and lower net investment incomeRead more


News analysis

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London underwriting results strengthen

London looks set to report improved underwriting results in the fourth quarter and second half of 2015, after three major Lloyd's players disclosed year-on-year reductions in combined ratiosRead more

International business pressures global reinsurers at 1.1

US expansion helped some reinsurers bolster premiums written in the January renewals as the faster pace of international rate declines pared back revenue from non-US marketsRead more


Willingness to accept M&A dilution ‘a paradigm shift’

M&A opportunities have changed dramatically over the last year as acquirers have shown it is possible to close deals involving major tangible book value dilution, according to Willis Capital Markets & Advisory (WCMA)Read more


UK flood losses hit Q4 results

A clearer picture of which (re)insurers were affected by the trio of winter storms that hit the UK last year has started to emerge after carriers began publishing loss estimatesRead more

Alloy Re: how it works

The Insurance Insider looks at how XL Catlin's new total return reinsurance business will operateRead more

More coverage

Mergers & Acquisitions

Willingness to accept M&A dilution ‘a paradigm shift’

M&A opportunities have changed dramatically over the last year as acquirers have shown it is possible to close deals involving major tangible book value dilution, according to Willis Capital Markets & Advisory (WCMA).Read more

Trading RiskAll Articles
The reinsurance convergence market uncovered

MultiCat Mexico cat bond set for $50mn payout

The $100mn MultiCat Mexico class C notes look to be in line for a $50mn payout as a result of Hurri-cane Patricia, which struck Mexico last October, sister publication Trading Risk reported last weekRead more

Loss fileAll Articles
Major losses and claims tracked

Sompo Canopius books $23mn Tianjin impact

Sompo Canopius suffered a loss of 2.6bn yen ($23.1mn) from the Tianjin explosions in August last year.Read more

The latest on litigation and legal developments

Insurers face D&O suit over Gardner Denver action

Arch, CNA and Chubb are facing a legal dispute over a $30mn directors' and officers' claim after they allegedly denied coverage in a class action dispute despite actively participating in the mediation and consenting to the settlement offer.Read more

BriefingsAll Articles
Mapping the regulatory and legislative landscape

McGovern: Brexit negatives outweigh positives

The London market should not "kid" itself that it will be able to maintain the same level of access and trade benefits it currently enjoys should the UK leave the European Union, Lloyd's chief risk officer Sean McGovern said today (10 February). Read more

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

SII won’t be used in Fitch ratings

Fitch has said that it will not use Solvency II metrics in its ratings.Read more

In-depth coverage of the run-off sector

Darag: Legacy deals could hit EUR4bn in 2016

The European legacy market could see some EUR4bn ($4.5bn) in deals over the course of 2016, according to Darag CEO Arndt GossmannRead more

Inside FACAll Articles
Full coverage of the facultative reinsurance market

Canopius expands US D&F business with Breen hire

Canopius, the international specialty arm of Japanese insurer Sompo, has further expanded its New York-based US direct and facultative (D&F) business with the appointment of Ivan Breen, sister title Inside FAC revealed yesterday (5 January)Read more

Insider Comment

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London wasn’t built in a day

Speaking at our Insider London event last week Ben Reid, the first CEO of the London Market Group, hit the nail on the head: London's still got a lot going for it as an insurance marketRead more

Scriven Profile

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February diary

We have asked Mr Scriven to turn his monthly attentions away from individual executive profiles and onto a diaryRead more

Research & Supplements

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Insider MC RT 2015

Monte Carlo Roundtable 2015

I love the Monte Carlo Rendez-Vous! In many ways The Insurance Insider Roundtable has become the definitive event of the gatheringRead more


Fac MC RT 2015

Inside FAC Monte Carlo Roundtable 2015

After a brief sojourn away from the hallowed halls of fac it was lovely to be surrounded by so many familiar faces at this year's Inside FAC Monte Carlo RoundtableRead more

Honours 2015 post-event

The Insurance Insider Honours 2015

Welcome to our post-event supplement for the fourth Insurance Insider Honours, which took place on the 10 September 2015Read more


SIRC 2015

SIRC 2015

I think we've got to learn to be a little more consistent in our approach to this great industry of oursRead more

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