Insight and Intelligence on the London & International Insurance Markets

21 February 2017

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Lloyd’s confirms Carnegie-Brown as chairman

Lloyd's has confirmed that former Marsh Europe CEO Bruce Carnegie-Brown will be its next chairmanRead more

Fowle to replace Slabbert as Chaucer CEO

Chaucer CEO Johan Slabbert has left the company and will be replaced by chief underwriting officer John Fowle, parent company The Hanover has said in a statementRead more

Euler Hermes names Bogaerts CEO for UK

Allianz-controlled trade credit insurer Euler Hermes has appointed Milo Bogaerts as CEO of its UK and Irish operations, the carrier said in a statement to the Paris Bourse on 20 FebruaryRead more

Allied World to transfer aviation book to Elseco

Allied World is moving its aviation book and underwriters onto the platform of Dubai-based managing general agency (MGA) Elseco, The Insurance Insider can revealRead more

Marsh pitches Brexit ‘plan B’ to insurers

Marsh is working on putting together a fronting structure with a panel of broadly licensed carriers to help UK insurers access European markets after BrexitRead more

Opinion: The Fairfax Financial model

The more I study the Fairfax Financial model, the more interesting it seemsRead more

News analysis

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Citizens leads Florida push for AOB reforms

With the regular Florida legislative session due to convene in three weeks, industry lobbyists are pushing hard for reforms to address the assignment of benefits (AOB) water claims crisis in the stateRead more

Brokers report weaker organic growth in fourth quarter

The brokerage sector felt the impact of the soft market in the fourth quarter, with two of the three leading P&C (re)insurance brokers all posting slower organic growth than a year earlierRead more

Ironshore to cut cessions under Liberty ownership

Specialty insurer Ironshore is likely to significantly curtail its use of reinsurance following its sale to Liberty MutualRead more

AIG to unveil ‘critical’ Q4 results

AIG is under pressure to address key questions when it releases its fourth-quarter results later todayRead more

Auto severity trends continue to pressure core loss ratios

US specialty and nationwide insurers showed uneven evidence of rising ex-cat, accident-year loss ratios in early fourth quarter disclosures to demonstrate the need for more conservative loss picks at this point in the market cycleRead more

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Mergers & Acquisitions

Willis Towers Watson in OAAGC deal

Willis Towers Watson has started exclusive talks to buy the assets of leading French aviation brokerage Office d'Assurances Aériennes G de Cugnac (OAAGC) for an undisclosed priceRead more

Trading RiskAll Articles
The reinsurance convergence market uncovered

RMS hurricane model update shows lower losses

Modelling agency RMS has said that annual average losses for US hurricane activity will come in notably lower under the 2017 update to its medium-term storm model.Read more

Loss fileAll Articles
Major losses and claims tracked

Mexico riot losses could top $200mn

Riots in Mexico in January over the price of petrol are expected to cost the international insurance market between $200mn and $250mn, according to market sources.Read more

The latest on litigation and legal developments

Greenberg ends epic battle with NY AG over AIG deals

Maurice “Hank” Greenberg quietly put an end to 12 years of arguments, appeals and court appearances today as the former AIG boss foreclosed on what promised to be the insurance trial of a generation.Read more

BriefingsAll Articles
Mapping the regulatory and legislative landscape

Davies Group exec sees Enterprise Act ‘nerves’

A top executive at outsourced claims handler Davies Group has noted widespread uncertainty among insurers ahead of the implementation of UK legislation that could penalise them for the late payment of claimsRead more

Solvency IIAll Articles
All the latest news and analysis

Enstar strikes £957mn RSA legacy deal

Bermudian carrier Enstar has triumphed over competitors to strike a deal with RSA to reinsure a legacy UK employers' liability book with gross reserves of £957mn ($1.2bn).Read more

In-depth coverage of the run-off sector

Enstar continues legacy push with $1.2bn RSA deal

Enstar has agreed yet another $1bn+ legacy deal as it continues a multi-billion dollar acquisition drive that has spanned more than 12 monthsRead more

Inside FACAll Articles
Full coverage of the facultative reinsurance market

Neon confirms Pritchard hire

Neon today confirmed the appointment of Nick Pritchard as head of property reinsurance, as first reported by sister publication Trading Risk in September last yearRead more

Insider Comment

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Trust businesses

I'm trying to work out what I think about the whole Greenberg trial and settlementRead more

Research & Supplements

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Bermuda RT 2016 2017

Bermuda Roundtable 2016/17

Bermuda RT 2016 2017 It's a bit of a cliché to say we're living in interesting times, but clichés become clichés because there's more than an element of truth to themRead more

PCI RT 2016

PCI Roundtable 2016

As Hurricane Matthew reached peak intensity and set its sights firmly on Florida in early October there was talk of "the big one": a storm of such magnitude that it could alter the inexorable softening course of the US (re)insurance marketRead more

20th anniversary cover

20th anniversary issue

The passing of 20 years of The Insurance Insider is a moment to celebrate the achievements of a publication that is now firmly embedded in the global P&C (re)insurance sectorRead more

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

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