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.