December 2018/1
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AM Best warned that without strengthening, reserves for asbestos and environmental exposures are on track to be exhausted in seven years. -
Even the best-laid plans rarely survive the briefest of exposures to harsh reality. Insurance is a case in point.
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The European property cat treaty renewal at 1.1 looks set to disappoint.
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Casualty reinsurers looking to continue positive pricing movements seen in 2018 renewals.
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Other significant reductions in this publication’s running SBF approval tally include Aspen 4711, Markel 3000 and Hiscox 33.
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Demand for larger limits is also increasing, with a race among brokers to place $1bn in limit.
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New business written this year for launch in 2019/2020 is unlikely to exceed $350mn.
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The head of Willis Great Britain also calls on Lloyd’s to ensure the better performing syndicates are allowed the space to expand.
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‘Tsunami of data’ on commercial property set to raise underwriting performance.
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Mt Logan will not be the only reinsurer vehicle impacted by Stone Ridge’s retractions, but has emerged as the first such example.
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The Californian earthquake bond priced at the upper end of guidance.
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With just a month of the year remaining, the consolidated year-to-date performance of P&C (re)insurance industry has trailed the broader market.
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