Insight and Intelligence on the London & International Insurance Markets

21 November 2017

Search archive

US casualty insurers seek up to 10% price hikes

US casualty underwriters are confident of achieving rate increases of up to 10 percent in the early part of next year, as the market passes an inflection point prompted by a build-up of liability claims and the knock-on effect from 2017 earnings decimated by property cat lossesRead more


AIG leads $750mn MGM excess casualty tower

As insurers brace for potential claims from the Las Vegas shooting last month, it has emerged that AIG leads the MGM Resorts International excess casualty tower and also has a significant participation on the cover bought by entertainment company Live NationRead more


Wildfire losses turn up heat on personal lines carriers

Total disclosed losses from what are set to be the costliest wildfires in Californian history have reached $3.5bnRead more


IPT in focus ahead of budget

Insurers fear another rise in the UK's insurance premium tax (IPT) rate in tomorrow's budget after three increases in less than two years doubled the rate to 12 percentRead more


Reinsurance for NFIP sought as reform efforts stall

A process to renew reinsurance for the National Flood Insurance Program (NFIP) could lead to expanded cover, but the Federal Emergency Management Agency (Fema) may be forced to pay a rate increase of 20 percent or moreRead more


Samengo-Turner takes Willis Fac emerging markets role

Julian Samengo-Turner, the ex-Integro International CEO and former head of Guy Carpenter's GC Fac unit, has taken a major new role at Willis Towers Watson in Dubai, The Insurance Insider can revealRead more


News analysis

See more news analysis

London GWP rises in Q3 as carriers anticipate rate increases

London's three remaining publicly listed carriers all increased their top lines in the third quarter of 2017, although the trio diverged in their growth strategiesRead more

Global non-life reinsurance premiums grow in Q3

The Insurance Insider's composite of global non-life reinsurance writers posted year-on-year top line increases for the third quarter, but a number of the group attributed large portions of the growth to reinstatement premiumsRead more


Global Re: cats mask contrasting underlying performances

The global reinsurers took significant hits from the third quarter hurricane activity, but earnings disclosures also revealed diverging ex-cat underwriting performances in the periodRead more


Pricing on Lloyd’s capacity halves amid supply glut

The weighted average price per £1 of Lloyd's capacity more than halved in 2017, as the amount tendered by Names rocketed year-on-yearRead more

Investors cautious as AmTrust continues clean-up

AmTrust still has a big job on its hands to win over investors after another messy set of quarterly results that also highlighted the efforts management is making to clean up the US insurer, strengthen its balance sheet and set it on a more stable path towards 2018 and beyondRead more

More coverage

Mergers & Acquisitions

Allianz is ‘well-protected’ from potential buyers: Wemmer

Allianz's chief financial officer has dismissed the notion that Allianz could find itself acquired in the near-term, telling German newspaper Borsen-Zeitung its sheer size made it a difficult target.Read more

Trading RiskAll Articles
The reinsurance convergence market uncovered

Hannover sidecar investors have ‘relatively benign’ Q3

Hannover Re executives said that the firm had exhausted a new multi-territory, multi-peril EUR100.0mn ($117.7mn) aggregate cover as its retro programme responded to third quarter losses.Read more

Loss fileAll Articles
Major losses and claims tracked

AIG leads $750mn MGM excess casualty tower

As insurers brace for potential claims from the Las Vegas shooting last month, it has emerged that AIG leads the MGM Resorts International excess casualty tower and also has a significant participation on the cover bought by entertainment company Live Nation.Read more

The latest on litigation and legal developments

Greek MP asks questions on Ethniki as Exin Re staff paid

A member of the Greek parliament has posed questions to the country's finance minister about Exin's proposed EUR958mn ($1.10bn) acquisition of state-owned insurer Ethniki, citing concerns about "major liquidity problems" and issues with the recently submitted change of control requestRead more

BriefingsAll Articles
Mapping the regulatory and legislative landscape

Reinsurance for NFIP sought as reform efforts stall

A process to renew reinsurance for the National Flood Insurance Program (NFIP) could lead to expanded cover, but the Federal Emergency Management Agency (Fema) may be forced to pay a rate increase of 20 percent or more.Read more

Solvency IIAll Articles
All the latest news and analysis

UK lawmakers’ Solvency II wish list exceeds PRA proposals

An influential UK parliamentary committee report on Solvency II has put UK regulator the Prudential Regulation Authority (PRA) on a tighter leash, though risks making Brexit more complicated, regulatory experts say.Read more

In-depth coverage of the run-off sector

Compre agrees Allianz legacy deal

European legacy acquirer Compre has agreed to purchase a portfolio of assumed reinsurance liabilities from Allianz Versicherungs AG for an undisclosed sum. Read more

Inside FACAll Articles
Full coverage of the facultative reinsurance market

Samengo-Turner takes Willis Fac emerging markets role

Julian Samengo-Turner, the ex-Integro International CEO and former head of Guy Carpenter's GC Fac unit, has taken a major new role at Willis Towers Watson in Dubai, The Insurance Insider can reveal. Read more

Insider Comment

See more Insider Comments

Insurance will be sexier

Insurance is going to have to get sexier because even our most undemanding customers will soon demand itRead more

Research & Supplements

See more Research & Supplements
SIRC 2017

SIRC 2017

There are complex dynamics around the regulation of reinsurance in emerging markets, including much of AsiaRead more


BB 2017 Day 1

Baden-Baden 2017 Day 1

Welcome to the first of our daily editions from the 2017 Baden-Baden Reinsurance SymposiumRead more

BB 2017 Day 2

Baden-Baden 2017 Day 2

Welcome to the second of our daily editions from the 2017 Baden-Baden Reinsurance SymposiumRead more


PCI 2017 Day 3

PCI Newsletter 2017 Day 3

Welcome to the last of our daily newsletters from this year's PCI conference, which took place on 15-17 October in ChicagoRead 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.

Π