Insight and Intelligence on the London & International Insurance Markets

6 December 2016

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Axa to enter chemicals and midstream energy

Axa Corporate Solutions has hired Mark Mackay from Allianz Global Corporate & Specialty (AGCS) as it looks to expand its entry into new corners of the energy market, The Insurance Insider can revealRead more

Liberty deal resolves Ironshore credit issues: AM Best

Ironshore's proposed sale to Liberty Mutual looks set to bring to an end the ratings issues that have dogged the specialty insurer since its sale to Chinese conglomerate Fosun last yearRead more

Lloyd’s to restructure operations following review

Lloyd's announced a series of steps designed to sharpen its operational focus on protecting, promoting and serving the market more efficiently as it strives to refine its structure and improve its margins over the next several yearsRead more

Matthew claims climb past $700mn in Florida

Claims stemming from Hurricane Matthew’s brush with Florida have climbed 20 percent to $729mn, according to state data revised todayRead more

Liberty Mutual seals $3bn Ironshore deal

Liberty Mutual has struck a deal to acquire 100 percent of Ironshore from Fosun for around $3bn, valuing the specialty insurer at 1.45x tangible book value, the mutual giant said todayRead more

Worldwide Facilities grows with auto MGA acquisition

Expansive wholesale broker and managing general agency (MGA) Worldwide Facilities has acquired a Georgia-based underwriting manager and wholesaler as it looks to deploy funds from its private equity investmentRead more

News analysis

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Asbestos loss outlook rises to $100bn for US carriers

Asbestos losses for US property and casualty insurers may climb to $100bn or even higher as a result of increases from "evolving" litigation and longevity gains, according to AM BestRead more

Bermuda capital return slows in Q3

Bermudian carriers handed back less capital during the third quarter of 2016 than in the prior-year period, as the re-emergence of M&A activity stifled share repurchasesRead more

Lloyd’s platforms deliver mixed results in Q3

The Lloyd's segments of listed P&C (re)insurers reported mixed results for the third quarter of the year, both on top line and in terms of underwriting performanceRead more

Total US specialty capital returned doubles in Q3

Capital management remained firmly on the agenda for US specialty carriers during the third quarter as profitable growth opportunities continued to be limited by market conditionsRead more

Names look to divest at 2016 capacity auctions

The average price per £1 of Lloyd's capacity fell in the 2016 auctions as the amount tendered by Names rocketed year-on-yearRead more

More coverage

Mergers & Acquisitions

Worldwide Facilities grows with auto MGA acquisition

Expansive wholesale broker and managing general agency (MGA) Worldwide Facilities has acquired a Georgia-based underwriting manager and wholesaler as it looks to deploy funds from its private equity investmentRead more

Trading RiskAll Articles
The reinsurance convergence market uncovered

Krefta to replace Pinchin at Hiscox Re

Hiscox will reshuffle its reinsurance division leadership next year when Michael Krefta will take over the Bermuda-based leadership role while Jeremy Pinchin returns to the carrier's London base, the company saidRead more

Loss fileAll Articles
Major losses and claims tracked

Perils raises Storm Desmond estimate

Loss compilation agency Perils has lifted its final property market insured loss estimate for UK storm Desmond to £604mn ($759mn). Read more

The latest on litigation and legal developments

Lloyd’s carriers in fracking claims dispute

Lloyd's insurers Ark and RenaissanceRe are involved in a fracking-related legal dispute after they rejected a claim arising from five earthquake lawsuits filed against oil and gas firm New Dominion.Read more

BriefingsAll Articles
Mapping the regulatory and legislative landscape

Florida workers' comp rate hike set to kick in after all

A 14.5 percent hike in workers' compensation insurance rates in Florida will take effect tomorrow as scheduled, after a state agency filed a formal notice of its plan to appeal a court ruling last week that stayed the increase.Read more

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

Forthcoming UK tax changes to hit loss reporting

A raft of changes to UK corporate tax law next year are likely to cause substantial disruption to how insurers structure their financial reporting.Read more

In-depth coverage of the run-off sector

R&Q completes Maryland novation

Randall & Quilter (R&Q) has completed the novation of liabilities from Maryland Motor Truck Association Workers' Compensation Self Insurance Group to its US unit Accredited Surety and Casualty. Read more

Inside FACAll Articles
Full coverage of the facultative reinsurance market

Skuld SPA Agora hires D&F head

Skuld special purpose arrangement (SPA) Agora has hired Peter Coleman from Pembroke Syndicate 4000 as head of direct and facultative (D&F) to complete its senior leadershipRead more

Insider Comment

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Asymmetrical bars

Back in the old days London underwriters didn't used to bother getting out muchRead more

Research & Supplements

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Cyber rankings

Cyber Rankings 2016

The Insurance Insider Cyber Rankings survey 2016 is the most comprehensive independent survey of London cyber brokers and underwriters ever conductedRead more

PCI 2016 Day 3

PCI Newsletter 2016 Day 3

The third of our special issues from this year's PCI conferenceRead more

Baden-Baden 2016 Day 2

Baden-Baden 2016 Day 2

Even the most doting parent would admit that they can find their children a trial at timesRead more

Honours 2016 post-event supplement

Honours 2016 Post-Event Supplement

Welcome to our post-event supplement for the fifth Insurance Insider Honours, which took place on the 8 September 2016Read more

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