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InsurTechs report (re)insurance capacity squeeze 

Surround executive Kate Terry blamed the capacity drought on an earlier generation of startups during an event in New York.

NFIP short-term funding extension moves to Senate

More than a dozen stopgap measures have been enacted since funding for the scheme expired in 2017.

Sompo International CEO Frudd moves aside

Mikio Okumura takes the CEO job, while Frudd will retain responsibility for overseas M&A and be a special adviser to the group CEO.

Terrorism insurance program passes House of Representatives

The Terrorism Risk Insurance Program Reauthorization Act (Tripa) will now go before the US Senate.

• The Great Lloyd’s Cull
• StarStone stops writing US A&H business
• Japanese insurers’ cat burden eases in H1
• S&P lifts Mapfre Re financial strength rating
• Dale Underwriting Partners pins down 2020 capital
• UK & Ireland general manager Welsh leaves Hannover Re

Opinion

Mario Greco says he has tamed the large-loss monster at Zurich

Retro is heading back towards UNL, index products and region-specific cover

Rehnberg will face a baptism of fire as Argo CEO, with the make-up of the board in sharp focus

Pioneer is on life support after almost a decade of weak underwriting

In Brief

New Mexico insurance commissioner to step down: report

Axa to underwrite THB’s Fleet UK product

Allied World appoints bespoke division head

Optio enters political risk market with Hiscox backing

Paraline appoints former Clyde & Co lawyer Holderness as senior adviser

DataCubes raises $15.2mn Series B round

Analysis

Moody’s cuts 2020 European insurance outlook to negative

Low interest rates and macroeconomic uncertainty threaten profitability and solvency ratios.

Soft market growth – a retrospective

One of the best indicators of risk is how much growth was written in problematic lines during the soft market years.

I50 treads water as London carriers slip

Beazley slumps to the bottom of the index amid downgrades following a trading statement.

European reinsurers continue growth push as hopes rise for rate hikes

The four European carriers have significantly outpaced Bermudian reinsurers in GWP growth so far this year.

Prendergast and Layzell lead the 2019 Cyber Rankings

Changes in leading positions point to a fluid market for cyber talent.

• Cyber
• US Property Cat
• Political Risk
• Political Violence
• D&O