Insight and Intelligence on the London & International Insurance Markets

22 January 2018

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Validus CEO Noonan set to depart post AIG sale

Validus chairman and CEO Ed Noonan will leave the company after the completion of its proposed $5.56bn sale to AIGRead more

Validus offer tops recent Bermudian deal valuations

Validus looks set to secure a premium takeout multiple relative to other recent Bermudian sellers after AIG agreed to pay $5.56bn, or 1.58x fully diluted book value, to buy the businessRead more

Noonan in line for $95mn payout from AIG-Validus deal

Validus chairman and CEO Ed Noonan looks set to receive $94.9mn gross from the sale of the Bermudian carrier to insurance giant AIGRead more

Validus fits AIG ‘like a glove’: Duperreault

Validus' diversified business model and its ability to complement that of AIG was the driving force behind the US insurer's $5.56bn takeover of the Bermudian, AIG president and CEO Brian Duperreault saidRead more

Validus bid prompts Bermuda bounce

Validus shares surged 44.5 percent to $67.53 by mid-morning in New York, as news of its unexpected $68-per-share takeover agreement with AIG sparked a wider Bermuda bounceRead more

Thomas wildfire to cost insurers $1bn-$2.5bn: RMS

Insured losses from the Thomas wildfire that affected Southern California in December will range between $1bn and $2.5bn, RMS estimatedRead more

News analysis

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Q4 preview: cat claims and casualty loss trends in focus

The P&C (re)insurance industry is set to disclose another set of dented earnings for the final three months of a year blemished by historic levels of catastrophe activityRead more

P&C insurance stocks in line with market after tumultuous 2017

The Insurance Insider's index of 50 P&C (re)insurance companies - The Insider 50 - grew by 11.3 percent in 2017 to 1,149.63 index points, a median performance relative to other major market indicesRead more

Liberty Mutual the biggest homeowners’ writer in winter-struck northeast US

Liberty Mutual emerged as the market leader in the northeast US, where primary homeowners' insurers face the prospect of mounting claims from subzero temperatures and heavy snowfallRead more

2017 cat bond volumes top records at $11.1bn

Cat bond issuance reached a record $11.1bn last year as sponsors took advantage of low rates and an overhang of supply from 2016 to buy coverRead more

Analysts eye rate increases at 1.6 and 1.7

As equity analysts digested the disappointing renewal rates from 1 January, there was a growing sense that further price increases could be seen during the mid-year US renewalsRead more

More coverage

Trading RiskAll Articles
The reinsurance convergence market uncovered

Validus Re: business as usual after AIG bid

Validus Re CEO Kean Driscoll has told counterparties that the reinsurance platform will have room to significantly expand under AIG ownershipRead more

Loss fileAll Articles
Major losses and claims tracked

Alternative capital to ‘plug’ HIM gap: Jefferies

Alternative capital funds and small reinsurers are likely to lift their loss estimates from hurricanes Harvey, Irma and Maria (HIM), according to Jefferies.Read more

The latest on litigation and legal developments

Hiscox contests costs for body parts lawsuits

Bermuda-headquartered insurer Hiscox has brought an action in a US district court in Illinois to avoid paying further legal defence costs for a company alleged to have sold human body parts for profitRead more

BriefingsAll Articles
Mapping the regulatory and legislative landscape

Biba calls for temporary reprieve from new rules

The British Insurance Brokers' Association has called for a respite from new regulation, arguing that a growing mountain of costly red tape flies in the face of the UK government's goal of boosting the nation's productivity.Read more

Solvency IIAll Articles
All the latest news and analysis

PRA begins third leg of Solvency II consultation

The Prudential Regulation Authority (PRA) has begun the final part of a consultation about the Solvency II regulatory framework with proposals to streamline reporting requirements under the EU-wide regime.Read more

In-depth coverage of the run-off sector

Global run-off liabilities reach $730bn in 2017: PwC

The value of non-life run-off liabilities has reached an estimated $730bn globally, according to PwC. Read more

Inside FACAll Articles
Full coverage of the facultative reinsurance market

Aspen Re to shutter Paris and Cologne offices

Aspen Re is to close its Paris and Cologne offices following a review that will see it restructure the way it writes its international property facultative account, The Insurance Insider can revealRead more

Insider Comment

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A quarter full, or three quarters empty?

It always annoys me when people ask if I'm a glass-half-empty or glass-half-full type of personRead more

Research & Supplements

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Bermuda RT October 2017

Bermuda Roundtable Autumn 2017

Bermuda is blessed with some of the best restaurants I've ever had the pleasure to attend, and seafood features heavilyRead 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

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

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