-
Travelers was impacted by the return to a relatively normal level of catastrophe events in the first quarter, leading the US carrier to report a deterioration in its overall underwriting results.
-
Early Q1 reporters stressed that pricing pressure continued in the first three months of the year, with US carriers Travelers and RLI feeling the squeeze along with Bermudian Allied World.
-
Last week proved to be a positive one, particularly for euro-denominated stocks, with some insurers recording share price rises of more than 10 percent.
-
Women have a seat on less than half of the executive boards for companies in the Lloyd's market, a new survey from the Corporation's diversity division has found.
-
A review of the US directors' and officers' (D&O) market by Fitch Ratings has predicted that rates will continue to decline in 2016, given the headwinds of plentiful capacity and stable loss levels.
-
Aviation underwriters experienced a relatively muted first quarter for claims in 2016, as loss activity fell substantially compared to the same period last year.
-
With first quarter earnings disclosures around the corner, market expectations have formed of bottom lines that will reflect both low catastrophe levels and rates that are contracting further.
-
Reinsurers continued to concede rate reductions at 1 April, with "the reinsurance value proposition for insurance companies" improving in line with 1 January, according to Aon Benfield's renewal report.
-
New entrants looking to jump on the M&A insurance "gravy train" are at risk of serious losses should they lack the necessary underwriting expertise, according to market sources.
-
Downward pressure on rates in the US commercial insurance sector is showing clear signs of easing, according to broker Willis Towers Watson.
-
Lloyd's syndicates suffered from mounting acquisition costs in 2015 as a soft market broker push for increased remuneration continued to lever up the price of sourcing business on Lime Street
-
Pre-tax profits fell by almost a third at Lloyd's in 2015 to £2.12bn, as the market continued to feel the grip of the soft market
