March 2015/1

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

P&C (re)insurance stocks recovered from the January blues last month as our Insider 30 index made a 4.95 percent gain, outperforming the FTSE 100

Private equity-backed claimant law firm Roberts Jackson is expected to deluge the UK legacy market with around 800 claims for industrial deafness worth an estimated £15,000 each, The Insurance Insider understands

Amid an increasingly downbeat outlook for the P&C (re)insurance industry, total value creation is coming under greater scrutiny as investors decide whether to maintain their positions or scale back their exposure.

AmTrust's former Italian medical malpractice broker Trust Risk Group has taken its battle against the insurer to the UK Court of Appeal after the exclusive distribution relationship broke down in acrimony last year

The UK Court of Appeal has dealt what could be a fatal blow to credit hire companies after ruling that insurers should only be required to pay the lowest rate for a credit-funded courtesy car

The London Market Group (LMG) has begun to develop an ambitious agenda of projects and objectives, including the potential appointment of a CEO

Ace and BlackRock-sponsored ABR is targeting an initial public offering (IPO) as early as three years after its proposed launch.

The current timeframe for developing a global insurance capital standard (ICS) will not change despite industry concerns, according to John Maroney, head of capital and solvency at the International Association of Insurance Supervisors (IAIS)

Two of Lloyd's best known carriers have succeeded in generating outlying returns of almost 3 percent...

Unrated start-up reinsurer ABR Re claims it will offer a "superior" business model to existing alternative reinsurers, including established Cayman Islands vehicle Greenlight Re and the four Bermudians set up in the last three years.

Ace and BlackRock's $1.5bn capital raise for internal reinsurance vehicle ABR Re could all but freeze out the carriers that have not made it onto the insurer's core panel.

Five of the biggest insurers in the UK are exploring the sale of books of asbestos-heavy employers' liabilities that total more than £5bn ($7.8bn) of gross liabilities, The Insurance Insider can reveal.

By marrying an international retail network to a London market specialty play and a global managing general agency (MGA), Hyperion and RK Harrison are creating something that sets the group apart from competitors, according to founding Hyperion CEO David Howden.

Chubb's latest East Lane Re bond has upsized by 11 percent to $250mn as pricing settled in the middle of initial forecasts

Floridian insurer Universal Insurance Holdings said a $19mn investment from Nephila Capital and its healthy balance sheet would enable the firm to drop its quota share reinsurance cover in the June 2015 renewals

The onshore energy market is awaiting loss estimates for the fire at Exxon Mobil's Torrance refinery in California, but underwriters said it was unlikely the loss would exceed the energy giant's $500mn retention

The major GE Electric property programme has suffered two UK factory fires in the past year, with the most recent insured loss estimated at $260mn, Inside FAC understands

The strategic process around London market broker RFIB is in its final stages and the business is expected to enter exclusivity with one of the bidders within three weeks, The Insurance Insider understands.

Besso, the independent London market broker that lost its CEO last month, has been in advanced sale talks with private bank Cantor Fitzgerald, The Insurance Insider can reveal.

Aon Benfield Fac has lost both its onshore and offshore energy leaders to rivals, while further GC Fac brokers have left to join Malcolm Payton at Capsicum Re, Inside FAC revealed

John Charman's Endurance and Chinese conglomerate Fosun are among the final bidders in the delayed Montpelier Re auction process, The Insurance Insider can reveal.

Limit sold for ultimate net loss (UNL) retro coverage is on course to increase by around $1bn in 2015 to an estimated $12bn, The Insurance Insider can reveal

The current scramble for consolidation in the global (re)insurance space is not something Hiscox needs to take part in due to the organic process of diversification away from high-margin property cat and big-ticket business it started 15-20 years ago, according to its CEO, Bronek Masojada.