Issues

The brokers have a cogent case for imposing subscription market brokerage (SMB), as JLT Specialty has indicated to insurers it will now do more broadly

It turns out that markets aren't broken after all

Reinsurers are attempting to push through UK motor rate increases of as much as 100 percent at the 1 July renewals as they look to transform the pricing landscape following the swingeing reduction to the Ogden rate.

Bermudian carriers continued to hand back capital to their shareholders in the second quarter, as challenging conditions provided few growth opportunities

Capital repatriation slowed down in Q1 compared to the same period of last year for most P&C (re)insurers in our coverage universe, with share repurchases proving unattractive as operating earnings subsided

The PRA is investigating broker facilities in one of two interconnected reviews launched amid pleas for help from carriers in tackling mounting acquisition costs, The Insurance Insider has learned

The Benelux region has pulled further ahead of rival jurisdictions among UK carriers seeking locations for post-Brexit subsidiaries, with Luxembourg extending its overall lead

When it was announced, there was a sense in the marketplace that the creation of the Aon Client Treaty (ACT) was a defining event

Allstate allowed a $175mn gap fill layer to lapse when it renewed its $4.42bn nationwide excess catastrophe reinsurance programme ahead of the start of the 2017 hurricane season

A number of the bigger residual insurers were among cedants that prospered as competition for US property catastrophe reinsurance business intensified in the mid-year renewals

Underwriters are surveying the damage of a 1 June property cat renewal that was significantly more competitive than initially expected, with buyers securing better terms than they might have hoped for

In contrast with their Bermudian counterparts, the vast majority of US specialty (re)insurers opted out of repatriating capital to shareholders through buybacks