December 2011/1

The global property cat industry's largest customer, Zenkyoren, has told reinsurers that its ground-up loss from the Tohoku earthquake will rise again from the 790bn yen ($10.2bn) that it estimated less than a month ago, The Insurance Insider can reveal.

The captive run-off specialist has closed its doors after just two years of trading to focus attention on the $70bn US self-insurance market

The liquidators appointed to the South of England Protection and Indemnity Association (Bermuda) (Sepia) are set to cancel policies this month as the company is wound up

To the Cuthbert Heaths of today, this year's $90bn+ of losses may be good news...

Lloyd's is cautiously preparing to flex its muscles in 2012, with market capacity set to increase by around 3 percent to £23.7bn

Church and charity mutual insurer Ecclesiastical Insurance has placed its New Zealand subsidiary Ansvar New Zealand into run-off following a decision earlier this year to withdraw from providing new cover after the Christchurch earthquakes

US cat prices are expected to be up 10-15% and Europe flat as underwriters and brokers spar right up until the final bell of what are widely expected to be the most difficult 1 January cat reinsurance renewals since 2006...