March 2018/2

Markel Catco's London-listed Reinsurance Opportunities Fund had to put two-thirds of its year-end 2017 asset base into side pockets, much higher than the typical 5-15 percent that it puts on hold each year, sister publication Trading Risk reported.

The Florida Hurricane Catastrophe Fund said its losses from Hurricane Irma were expected to reach $2.04bn, less than half its previous estimate of $5bn.

Shareholders feel "blindsided" by the abrupt change in Axa's strategy signalled by its $15.3bn purchase of XL Group, analysts have said.

The competitive landscape for independent wholesale brokers in London looks set to evolve rapidly over the next 12 months as Beach launches a new platform and Integro at last nears the consummation of its deal with Tysers.

I read two great articles in the last week. Both were pieces of analysis.

AIG has purchased a new $75mn xs $25mn international casualty treaty as it continues its strategic pivot towards buying more reinsurance, The Insurance Insider can reveal.