Issues

Validus Re is targeting $325mn from its first cat bond, Tailwind Re, which is an annual aggregate transaction, according to Trading Risk sources.

The ILS sector could cover as much as 15-25 percent of insured claims resulting from this year's catastrophes, according to analysts.

Next year is on course to be the busiest since 2013 for start-ups at Lloyd's, following a swathe of approvals for both full syndicates and special purpose arrangements (SPA).

US nationwide carriers recorded the largest net exposures to losses from the wildfires that struck California in October relative to the P&C industry's other peer groups.

The development of the global InsurTech market is reaching a turning point and some high-profile start-ups will fail, delegates at InsiderTech New York heard last week.

Primary commercial pricing remained little changed in the US during the third quarter, according to two recent surveys.

Tangible evidence of downward pressure on ceding commissions is emerging in the US casualty and professional liability reinsurance market, following the placement of a number of deals leading up to the key 1 January renewals

Following any major loss event, the great debate always recurs: how interconnected is the global insurance industry?

FM Global has told its reinsurers that it does not expect Hurricane Maria claims in Puerto Rico to attach its main property cat excess-of-loss programme, The Insurance Insider can reveal.

Axis Capital has started to look for a renewal rights deal for Steve Saunders' international downstream energy book that could also see the team move to a rival, The Insurance Insider understands.

Berkshire Hathaway has the largest exposure on Pacific Gas and Electric's $850mn general liability programme, which could be significantly eroded by the Californian wildfires, The Insurance Insider can reveal.

The prospect of Pacific Gas and Electric burning through an estimated $850mn of liability cover will only add momentum to underwriters' push for 2018 rate hikes across the US casualty market.