December 2015/4

Share price data on The Insurance Insider's universe of P&C (re)insurers

An EU financial supervisory body has detailed the top four systemic risks that arise from the activities of European (re)insurers

The UK House of Lords has agreed to amend the late payment clause in the UK Enterprise Bill in a move backed by the industry as a positive step for London market competitiveness

Global P&C (re)insurance stocks were relatively flat last week despite a US Federal Reserve interest rate hike, as The Insider 30 nudged up by 0.15 percent

Hong Kong's new insurance regulatory body will establish a new oversight regime by 2018, with the organisation funded by a 0.1 percent levy on premiums

The manager of a ship that is the subject of an $85mn fraud case involving the murder of a British loss adjuster has been accused of collusion in yet the latest twist in a long-running UK court battle

The owner of the Italian medical malpractice broker currently embroiled in a legal dispute with US specialty insurer AmTrust "cannot be dealt with as an honourable commercial man", it was alleged in a court hearing late last week

Global insured losses from natural catastrophes and man-made events hit $32bn in 2015, just over half the 10-year average of $62bn, according to a report from Swiss Re's Sigma unit

Panellists at the EY (Re)insurance Outlook event agreed that the (re)insurance industry must increase diversity in its talent pool to increase innovation

The (re)insurance industry has a "collective obligation" to address the "massive" protection gap between developed and emerging economies, according to Hamilton Insurance Group CEO Brian Duperreault

The increase in US interest rates could have an impact on alternative capital's appetite for the (re)insurance industry, according to panellists at the EY (Re)Insurance Outlook event in Bermuda last week

Zurich's recently announced acquisition of Wells Fargo's crop insurance business is likely to limit confidence that the Swiss carrier is planning large-scale capital returns to shareholders.