Issues

Perhaps unsurprisingly AIG management had little to say on the search for a new CEO when they met sell-side analysts last week.

For all the confidence on show from AIG's management team as they fronted up to sell-side analysts last week, it was hard to look past the absence of Peter Hancock and any news about his likely replacement.

Capital is inanimate, subservient and unable to think for itself.

The increasingly pivotal role played by London-based managing general agents (MGAs) has taken centre stage following Vitruvian's agreement last week to buy into cyber-focused MGA CFC Underwriting at a 15x valuation.

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

Signs that hardening conditions in segments of the "wheels" market are spreading to the reinsurance sector might be seen as an early indicator of change in the broader US casualty treaty market.

The election victory last week of the Netherlands' centre-right VVD Party over the anti-EU Party for Freedom has removed a cloud of uncertainty over the country's future within the bloc.

Insurance spreads on new cat bond deals this year have dropped by 12 percent on average during the marketing process, as insurance-linked securities sponsors pressed hard to take advantage of a softening market.

The Insurance Insider's main index of P&C (re)insurers - The Insider 50 - rose by 74 basis points last week to reach 1,052.2 points, recovering half of the ground lost the week before.

The global reinsurers reported narrowing underwriting margins at their P&C reinsurance operations in the final quarter of 2016, as loss ratios were pushed up by above-median catastrophe losses across the board.

Global reinsurers posted slower gross written premium (GWP) growth in their P&C reinsurance divisions in the fourth quarter, as attractive new business became increasingly scarce in the soft market cycle.

The incoming EU General Data Protection Regulation could have major implications for UK carriers planning to leave key functions in the UK post-Brexit.