Issues

London (re)insurers have so far managed to avoid job cuts, but some tough decisions now lie ahead.

Is the London market MGA bubble about to burst?

Panellists at the Managing General Agents’ Association conference said the need to bring capital closer to risk means ILS funds and reinsurers will gravitate towards direct business.

Including cat bonds issued via Everglades Re, the ILS share of the overall placement rose to 58 percent.

Cal Phoenix Re has an initial target size of $200mn.

Concerns persist that some of the rules could prove a burden for smaller intermediaries.

There were positive share price changes over the quarter from only 13 companies in the index.

With a strategic review in process, could Maiden face activist pressures like its sister company AmTrust?

The insurer has also started to invest in new staff for its Lloyd’s business, which has an A rating from AM Best.

A reduction in claim severity has improved cyber loss ratios in the US, Aon said.

Market conditions act as the primary curb on fees and commissions.

The Brazilian investment bank has acquired start-up ILS manager Lutece Investment Management after seeding its funds.