Insight and Intelligence on the London & International Insurance Markets

28 August 2015

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White Mountains signals step-up in share buybacks

White Mountains has been given the go-ahead by its board to significantly expand its share buyback plan, adding 500,000 common shares to the 200,000 it had left under its existing repurchase authorizationRead more


Canadian market faces C$330mn bill for summer storms

Canadian insurers took some C$330mn (US$250mn) in insured losses in July and August from strong winds and hailstorm events, according to the Insurance Bureau of Canada (IBC)Read more


S&P warns on joining Berkshire Hathaway bandwagon

Emulating the Berkshire Hathaway model through buying carriers in this latest wave of industry consolidation is not an automatic recipe for success, Standard & Poor's (S&P) has warned investorsRead more


Integro continues acquisition drive with US medical malpractice specialist

US-based broker Integro is set to continue its acquisition spree with the purchase of medical malpractice specialist HealthCare Risk Specialists, the firm announced today (27 August)Read more


Pen Underwriting appoints Turner as exec chairman

Jonathan Turner, the former active underwriter at Brit's Insurance Syndicate 2987, has been appointed executive chairman of AJ Gallagher's UK-headquartered managing general agency Pen UnderwritingRead more


Fitch predicts continued Latin American reinsurance growth

Regulatory changes and the region's vulnerability to natural disasters drive are driving demand in the Latin American reinsurance market, according to Fitch RatingsRead more


News analysis

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Carriers look to capital management amid thinning opportunities

Capital management remained firmly on the agenda for Bermudian and short-tail carriers during the second quarter as market headwinds continued to erode profitable growth opportunitiesRead more

Aviation rates fall 13% in July: JLT

Aviation insurers received no respite during the mid-year renewals as aviation rates saw double-digit declines at the sector's most significant renewal period of the year so farRead more


Prudently reserved reinsurers better placed: S&P

Reinsurers that have historically implemented more prudent reserving strategies will have a long-term competitive advantage over those that have been more aggressive in releasing reserves, Standard & Poor's (S&P) has warnedRead more


Direct lending and alternatives: the future of investment?

European insurers' investment portfolios will become more diversified in the coming months, as low returns and non-investment profits come under pressure, according to AM BestRead more

Underwriting margins crunched for short-tail carriers

Underwriting results sharply deteriorated in the second quarter for The Insurance Insider's shrinking composite of short-tail specialists as compounding rate reductions combined with an above-average period for lossesRead more

More coverage

Mergers & Acquisitions

Integro continues acquisition drive with US medical malpractice specialist

US-based broker Integro is set to continue its acquisition spree with the purchase of medical malpractice specialist HealthCare Risk Specialists, the firm announced today (27 August).Read more

Trading RiskAll Articles
The reinsurance convergence market uncovered

Australian carriers draw on aggregate reinsurance

IAG has drawn down A$70mn ($51mn) from its aggregate reinsurance cover, as its natural peril claims for the 2015 financial year surpassed A$1bn.Read more

Loss fileAll Articles
Major losses and claims tracked

Canadian market faces C$330mn bill for summer storms

Canadian insurers took some C$330mn (US$250mn) in insured losses in July and August from strong winds and hailstorm events, according to the Insurance Bureau of Canada (IBC)Read more

The latest on litigation and legal developments

Harassment claims surface in Gallagher dismissal suit

A former Arthur J Gallagher (AJG) senior vice president is suing the broker and an alleged member of the Gallagher family for at least $12.5mn, claiming she was sidelined for reporting a number of sexual harassments.Read more

BriefingsAll Articles
Mapping the regulatory and legislative landscape

Removing ‘regressive’ tax would encourage insurance spend: ICA

Abolishing state and territory taxes will encourage Australians to spend an extra A$36bn ($25.7bn) on household insurance, according to research released today (27 August) by the Insurance Council of Australia (ICA)Read more

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

Firms continue to be challenged by pillar 3 of SII

Insurers are extremely concerned with last minute requirements being made of them ahead of Solvency II implementation on 1 January, according to a survey from industry trade body Insurance EuropeRead more

In-depth coverage of the run-off sector

Enstar Q2 profits fall 70%

Enstar's net earnings fell by 71.9 percent to $14.5mn in the second quarter of 2015, with the legacy-to-live player attributing the drop to lower-than-expected investment returnsRead more

Inside FACAll Articles
Full coverage of the facultative reinsurance market

Hardy defections continue as D&F trio joins Hamilton

Three CNA Hardy direct and facultative (D&F) property underwriters have resigned to take up positions at Hamilton Underwriting, the Lloyd's managing agency of Hamilton Insurance, sister publication Inside FAC has revealedRead more

Insider Comment

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The end is near(er)

The global (re)insurance industry must have been very bad in a previous life, for the amount of other people's suffering we have had to endure since the global financial crisis began has been enormousRead more

Scriven Profile

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John Finnegan

Chubb CEO John Finnegan is this month's profileRead more

Research & Supplements

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Bermuda summer 2015 RT

The Insurance Insider Bermuda Roundtable 2015

What a place Bermuda is. There is so much resourcefulness and drive corralled into such a small geographical area. This is still a place where people come to get things doneRead more


NY Roundtable 2015

New York Roundtable 2015

I could swear the world is spinning faster than it was this time last yearRead more

Legacy RT

The Insurance Insider Legacy Roundtable 2015

Summer is upon us, which means many will be reaching for the charcoal and last month's issue of The Insurance Insider to get the barbecue fired up and begin eating al frescoRead more


London market roundtable 2015

London Market Roundtable 2015

There is a paradox at the heart of the London market - what makes it so strong is what can also hold it backRead more

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