April 2018/4

US timber giant Weyerhaeuser has filed a complaint at a Seattle court in a bid to force nine insurers to pay out up to $260mn in liability cover.

Syndicate 457 is targeting top and bottom line growth of 10 percent this year, aided by price increases and a rise in premium from recently added lines, according to Munich Re Syndicate Limited managing director Thomas Artmann.

There was further evidence at the RIMS conference in San Antonio last week of a transitional market emerging in US casualty insurance, with upwards pressure on rates starting to spread beyond headline hard pockets.