Insight and Intelligence on the London & International Insurance Markets

1 June 2016

Search archive

Reinsurers differentiate carriers in Florida renewal

A two-speed market emerged for pricing at the key 1 June Florida renewal as reinsurers increasingly differentiated between better quality risks and what they perceived as inferior cedants, The Insurance Insider can revealRead more

RSA notifies C$450mn wildfire loss

London-listed insurer RSA has informed its reinsurers that it expects to incur C$350mn-C$450mn ($270mn-$347mn) of claims from the Fort McMurray wildfires, The Insurance Insider can revealRead more

Market has $386mn exposure to Mexico explosion

CV Starr and American International Group (AIG) are among the (re)insurers with the biggest lines on the $386mn property insurance policy exposed to an explosion that killed 32 people at a petrochemical plant in Mexico last month, The Insurance Insider can revealRead more

Lloyd’s to review underperforming lines

Lloyd's is launching a portfolio review into select lines of business including aviation, terrorism and energy across all syndicates, The Insurance Insider understandsRead more

Slimmed down Citizens slashes private reinsurance

14Florida Citizens has maintained a significant buffer to fund a 1-in-100-year hurricane this year despite a dramatic downsizing of its private risk transfer programme for 2016-17Read more

Fenchurch founding partner Cunningham leaves

Kevin Cunningham, one of the founding partners of Fenchurch Advisory Partners, has left the boutique financial adviser, The Insurance Insider can revealRead more

News analysis

See more news analysis

Investments a struggle for carriers in Q1

The Insurance Insider's composites faced challenges in their investment portfolios in the first quarter as market volatility continued to press against returnsRead more

Florida carriers tap up alternative markets: Fitch

Florida specialist insurers have made increasing use of alternative reinsurance in recent years, according to a research report on the local market by Fitch RatingsRead more

Bermuda capital return soars in Q1

Capital management returned to the fore in the first quarter of 2016, as carriers returned more capital to shareholders than a year ago through increased share repurchases and dividendsRead more

London carriers increase top line in Q1

The Insurance Insider's listed Lloyd's composite posted an increase in gross written premiums (GWP) in the first quarter of the year, battling the headwinds posed by softening ratesRead more

AIG could free up more capital with legacy disposals: Credit Suisse

Monetising American International Group (AIG)'s legacy portfolio has the potential to free up significantly more capital than the $9bn targeted as part of the insurer's $25bn two-year capital management plan, according to analysts at Credit SuisseRead more

More coverage

Mergers & Acquisitions

Helios acquires new Names vehicle

Helios Underwriting has acquired Lloyd's liability vehicle (LLV) Nameco (No 346) Limited for £3.75mn ($5.5mn) in cash, it announced today (31 May)Read more

Trading RiskAll Articles
The reinsurance convergence market uncovered

Allianz Risk Transfer eyes $150mn for debut cat bond

Allianz Risk Transfer has launched its first insurance-linked securities (ILS) issuance with the Blue Halo Re cat bond, which seeks reinsurance cover of $150mn, Trading Risk understands. Read more

Loss fileAll Articles
Major losses and claims tracked

RSA notifies C$450mn wildfire loss

London-listed insurer RSA has informed its reinsurers that it expects to incur C$350mn-C$450mn ($270mn-$347mn) of claims from the Fort McMurray wildfires, The Insurance Insider can reveal.Read more

The latest on litigation and legal developments

Ironshore wins $27.6mn broker negligence dispute

Broker Southwest Risk has lost a $27.6mn bid to force its errors and omissions (E&O) insurer Ironshore to cover its negligence bill after the intermediary failed to place cover for $1.1bn of property risks ahead of Hurricane Ike.Read more

BriefingsAll Articles
Mapping the regulatory and legislative landscape

Brexit ‘most critical decision’ of last 50 years: Kenny

The Irish Taoiseach Enda Kenny underlined the importance of the UK's upcoming European referendum at the International Insurance Conference hosted by Insurance Europe last week (25 May).Read more

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

McGavick laments ‘burdensome’ Solvency II

XL Catlin CEO Mike McGavick has criticised the complexity of the Solvency II regime, which came into effect almost six months ago.Read more

In-depth coverage of the run-off sector

Dalgarno to tackle Towergate legacy issues

UK broker Towergate has placed chief risk officer Sarah Dalgarno in charge of addressing the company's legacy challenges, as the firm continues its turnaround. Read more

Inside FACAll Articles
Full coverage of the facultative reinsurance market

Berry joins Everest Re for fac role

Everest Re has hired Sean Berry to head the international property facultative unit at its reinsurance division, the carrier announced yesterday (16 May).Read more

Insider Comment

See more Insider Comments

A culture of success

On a recent trip to New York I finally got around to reading the Malcolm Gladwell book OutliersRead more

Scriven Profile

See more Scriven Profiles

May diary

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

Research & Supplements

See more Research & Supplements
Miami RT cover

Miami Roundtable 2016

It's a great privilege to have a ringside seat when something exciting is happening in the industryRead 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

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

Euromoney Trading Limited - 3rd Floor, 41 Eastcheap, London, EC3M 1DT, United Kingdom. The content of this website is copyright of Euromoney Trading Limited 2016. All rights reserved Euromoney Trading Limited actively monitors usage of our website and products and reserves the right to terminate accounts if abuse occurs.