Issues

The legacy sector has seen surging deal volumes of late, but the major inflows of capital into the space look set to choke off returns, with the live market’s depressed returns a cautionary tale for run-off acquirers.

Cat bond launches are showing no sign of slowing down, with a further three deals with an initial combined size of $675mn being launched in the past week.

Trapped ILS capital may turn out to be lost capital as claims from last year develop, according to QBE Re chief underwriting officer Jonathan Parry.

Syndicate 457 is targeting top and bottom line growth of 10 percent this year, aided by price increases and a rise in premium from recently added lines, according to Munich Re Syndicate Limited managing director Thomas Artmann.

There was further evidence at the RIMS conference in San Antonio last week of a transitional market emerging in US casualty insurance, with upwards pressure on rates starting to spread beyond headline hard pockets.

Aviation rates held flat during first quarter renewals as underwriters prioritised profitability above volume or market share, according to JLT’s latest Plane Talking report.

While 2017 was a challenging year for the ILS market, it may not have been the year of "the great test", according to Leadenhall CEO Luca Albertini.

US timber giant Weyerhaeuser has filed a complaint at a Seattle court in a bid to force nine insurers to pay out up to $260mn in liability cover.

Global reinsurance capital continued to rise in 2017 as alternative capital funds reloaded, according to Aon Benfield.

There is growing evidence that upwards pricing momentum for US commercial property insurance is already waning.

The US P&C industry's reserving deficit deepened to $4.3bn in 2017, according to research from Morgan Stanley.

(Re)insurers must be prepared for the possibility of more frequent multiple-disaster years in future, according to a Swiss Re report.