• X
  • LinkedIn
  • Email
  • Show more sharing options
  • Copy Link URLCopied!
  • Print
  • X
  • LinkedIn
  • Email
© 2024 Insider International Limited, company number 15236286, 4 Bouverie Street, London, EC4Y 8AX. Part of the Delinian Group. All rights reserved.

Accessibility | Terms of Use | Privacy Policy | Modern Slavery Statement

February 2016/4

  • Share price data on The Insurance Insider's universe of P&C (re)insurers
  • The Insider 30 showed stock price improvements, expanding by 2.3 percent week-on-week, as the negative impact from the fourth quarter results diminished.
  • In his letter to colleagues, Aon Broking CEO Warren Mula talked of a "larger, deeper relationship" with RT Specialty after appointing the firm as its "preferred" wholesaler.
  • Markel Catco has appointed Mark Way as chief operating officer with immediate effect, the company announced last week.
  • Lancashire's Kinesis third-party vehicle shrank slightly for 2016, the company's head of investor relations Jonny Creagh-Coen told sister publication Trading Risk last week.
  • Global broker Marsh has highlighted increased competition between local and international insurers in the Pacific region as one of the key trends in the market.
  • The UK and the Middle East have seen widespread softening of up to 10 percent across virtually all major lines of business, according to global broker Marsh.
  • Strong competition and high levels of capacity for US casualty risk again put pressure on prices in 2015, leading to rate reductions of up to 10 percent, according to a study by Marsh.
  • Rate decreases in the US commercial property market show no signs of stopping, according to a new report from Marsh.
  • The big three international (re)insurance brokers reported soaring organic growth figures as well as increased operating margins in the final quarter of 2015.
  • The Bermuda composite's combined ratio climbed to 87.8 percent in the fourth quarter of last year, deteriorating from 83.1 percent in Q4 2014.
  • Outgoing Cathedral Capital CEO Peter Scales will not be replaced following his departure at the end of March, The Insurance Insider can confirm.