July 2018/2
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Market conditions act as the primary curb on fees and commissions.
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Reinsurers may hold less risk in the long term as they look to cut costs and originate risk for other investors, Nephila co-founder Greg Hagood forecast.
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The insurer has also started to invest in new staff for its Lloyd’s business, which has an A rating from AM Best.
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The Brazilian investment bank has acquired start-up ILS manager Lutece Investment Management after seeding its funds.
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PE interest in brokers is currently intense, with multiples for insurance fee businesses now sky high.
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A reduction in claim severity has improved cyber loss ratios in the US, Aon said. -
Underwriters are beginning to grapple with AI and behaviour pattern analysis as the market faces a final reckoning.
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A reader survey by The Insurance Insider hands 42 percent of the vote to the outgoing chief experience officer at XL Catlin.
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In praise of Bermuda reinsurance as hub
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