March 2017/4

A new ratings methodology from AM Best for assessing mortgage reinsurance risk is expected to increase the capital that underwriters will need to hold against the business, which could reduce its returns on equity (RoE).

Travelers has established a new general aviation (GA) consortium in London with a maximum liability line of $165mn, The Insurance Insider understands.

ProSight is attempting to catch a late window of opportunity by spinning off its Lloyd's business, as the market reaches the latter stages of the M&A cycle.

Perhaps unsurprisingly AIG management had little to say on the search for a new CEO when they met sell-side analysts last week.

For all the confidence on show from AIG's management team as they fronted up to sell-side analysts last week, it was hard to look past the absence of Peter Hancock and any news about his likely replacement.

Capital is inanimate, subservient and unable to think for itself.

The increasingly pivotal role played by London-based managing general agents (MGAs) has taken centre stage following Vitruvian's agreement last week to buy into cyber-focused MGA CFC Underwriting at a 15x valuation.