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When I am interviewing prospective new reporters, I always make sure I counter any lingering impression they may have that a career in insurance journalism is going to be in any way boring.
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Discussions ahead of the midyear renewals are now beginning in earnest.
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The broker joins the special contingency risks unit
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The legacy carrier and ART Bermuda will each assume a 50 percent quota share of construction defect losses incurred by Amerisure.
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RMS says 9,000 households remained without power as of Monday following the deadliest day for tornadoes in the US for almost nine years.
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StarStone generates a loss to its majority owner of $159mn after its management team is restructured.
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Munich Re-led programme wraps around £75mn terror cat bond.
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The Florida-based insurer strengthened its reserves by $97.3mn in the quarter, leading to a $11.2mn pre-tax loss.
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The syndicate was unable to abide by the unwritten rules that govern all new Lloyd's businesses. -
A meaningful rise in property catastrophe rates would leave some Floridian insurers struggling to keep their current ratings.
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Adverse development and a withdrawal of capacity are expected to lead to increased pricing for loss-affected Latin American accounts.
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Julian Enoizi, who was instrumental in bringing the £75mn Baltic Re terrorism cat bond to market, said using ILS for an exotic risk was “a long journey”.
