Issues

Just outside the gothic towers of Notre Dame cathedral is the point from which all trunk roads in France are measured. It is known as kilometre zero and marks the centre of the country’s political geography.

Former RSA director Jimmy Barber says the state scheme is working to cut its own costs.

Founding CEO Daniel Schreiber said InsurTech firms were “better at the art and science of underwriting risk” than traditional carriers.

The E&S market is typically seen as the leading indicator of hardening in the broader market.

Early paying of premiums could draw in capital, panellists told a Trading Risk event.

ERS offered about 4 points of underwriting margin on £323mn ($422mn) of net earned premiums and was acquirable at roughly 1.1x book value of something like £150mn.

Traditional equity capital fell 5 percent to $488bn while ILS capital rose by 9 percent to reach $97bn.

The broker will always be with us

Nine broking houses made it to the ranking this year versus 54 underwriting firms.

The second edition of the survey generated a ranking of 227 reinsurance professionals

There is no doubt that some serious work needs to be done to change the way flood insurance is charged by Fema.

Insurers and brokers cut the gap between men’s and women’s pay but discrepancy remained greater than in the financial services sector as a whole.