Analysis

Price-to-book (PTB) multiples at P&C (re)insurance companies were marginally higher in 2016 than in the previous year, as share price growth slowed and M&A activity lessened.

The first year of Donald Trump's presidency promises to be a mixed bag for the US insurance industry

Capital model changes in the US could be a driver of incremental reinsurance demand, according to Aon Benfield.

The launch of a $510mn Kelso-backed Bermudian run-off vehicle by Bill O'Farrell and Arch comes at a time of potentially significant new opportunities in the US legacy sector.

The non-life insurance sector confounded optimistic M&A expectations for last year after 2015's bumper $111bn transaction tally, with the total deal value shrinking by well over half.

Cat bond issuance volumes continued to decline in 2016, which led to bargains for some sponsors as the year progressed.

Auto lines have relentlessly undermined the profitability of commercial insurance operations at many of the industry’s biggest players in recent years, and 2016 has been no exception.

Global insured losses from natural catastrophes reached $42bn in 2016, up 51 percent from the prior year, according to a report from Swiss Re’s Sigma unit.

Allied World's founding chief executive Scott Carmilani is poised to receive a $79.6mn payout following the carrier's acquisition by Fairfax Financial.

Whether Fairfax Financial winds up adding Allied World to its expanding array of operating units may depend on how much more the acquisitive Canadian company is willing to spend.

Property catastrophe reinsurance rates appear to be on course for further stabilisation at the 1 January renewals, equity analysts reported following meetings with executives at Bermudian carriers.

Lloyd's Names were presented with new investment opportunities in the run-up to 2017, with four out of five full syndicate start-ups securing Names backing.