April 2017/4

The Financial Conduct Authority (FCA)'s investigation into the wholesale insurance market highlights mounting concern around the changing relationship between brokers, insurers and insureds, according to observers.

New technology often introduces novel risks. And these exposures, such as the threat of identity theft by internet hackers or car accidents resulting from texting while driving, can present opportunities for insurers.

So far, the development of a burgeoning US run-off market that mimics that in the UK has been all sizzle and no steak.

At least two more states in the US have followed Rhode Island by introducing legislation that could pave the way for a run-off sector in the country that looks more like the UK or continental European market.

After a dip in pricing this time last year nominal US commercial P&C rates appear to be in modestly positive territory again, if early Q1 reporters Travelers and RLI prove to be indicative of the rest of the sector.

Heritage has put out firm order terms (FOTs) to the market that appear to be broadly flat on the two core layers of its cat excess-of-loss tower, The Insurance Insider can reveal.

Dubai-headquartered MGA Elseco has landed $75mn of capacity for its growing aviation insurance platform, The Insurance Insider can reveal.

(Re)insurers in the trade credit and surety sector could suffer net losses of up to EUR250mn ($271mn) from the collapse of Seville-based multinational renewables group Abengoa, The Insurance Insider has learned.

It's really easy to knock a limpet off a rock if it's not expecting the blow to come.

The initial shock at a major intervention from the consumer-focused Financial Conduct Authority (FCA) in the aviation insurance market has given way to perplexity about the target of the investigation.