Issues

Heritage has put out firm order terms (FOTs) to the market that appear to be broadly flat on the two core layers of its cat excess-of-loss tower, The Insurance Insider can reveal.

Dubai-headquartered MGA Elseco has landed $75mn of capacity for its growing aviation insurance platform, The Insurance Insider can reveal.

(Re)insurers in the trade credit and surety sector could suffer net losses of up to EUR250mn ($271mn) from the collapse of Seville-based multinational renewables group Abengoa, The Insurance Insider has learned.

It's really easy to knock a limpet off a rock if it's not expecting the blow to come.

The initial shock at a major intervention from the consumer-focused Financial Conduct Authority (FCA) in the aviation insurance market has given way to perplexity about the target of the investigation.

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

Nationwide Mutual Insurance Company is seeking to raise $300mn from a new Caelus Re cat bond, according to sources.

Attractive prices drew sponsors to the cat bond market in the first three months of 2017, resulting in a record volume of insurance-linked securities (ILS) issuance for an opening quarter.

Global drinks manufacturer Pernod Ricard's insurance recoveries from New Zealand's 2016 Kaikoura earthquake have been restricted due to a quake sub-limit in its insurance programme, sister publication Inside FAC has revealed.

In a development likely to reignite the debate over the need for a standalone reinsurance product, significant contingent business interruption (CBI) claims have hit the fac market following a fire at an auto parts factory in the Czech Republic, sister title Inside FAC revealed on 6 April.

The Insider 50 index fell by 0.8 percent last week to 1,023.5 index points as a result of contracting US P&C stocks.

Issues around implementation of broker facilities caused Axis Syndicate 1686 to write 22 percent less premium than planned in 2016, it disclosed in its annual accounts.