May 2016/3

Clients dislike the recent trend of M&A activity that has reduced the number of carriers, according to Berkshire Hathaway Specialty Insurance executive vice president David Bresnahan.

A reinsurance pricing floor is "in sight" although the market is yet to hit rock bottom, according to JLT Re's CEO Ed Hochberg.

Insurers and reinsurers are making questionable decisions as they struggle to grow in a market that is swamped by around $100bn of excess capital, Arch Capital's chief financial officer has said.

AmWins CEO Steve DeCarlo has strongly defended wholesale brokers, arguing that they are an essential part of the insurance food chain and should not be disintermediated.

Total return reinsurers are here to stay as insurance companies start to take a more holistic approach to their investment strategy, according to Hamilton Group CEO Brian Duperreault.

Aspen Risk Management Limited has agreed to become the core underwriter backing Jason Anthony's fledgling managing general agency (MGA), The Insurance Insider can reveal

The London Market Group (LMG) is in the latter stages of a process to select a provider for a coverholder IT system that will form the centrepiece of its efforts to modernise binding authority processing, The Insurance Insider can reveal

Talbot is set to enter the cyber market following the hire of ANV class underwriter Phil Mayes, The Insurance Insider understands

Venezuelan state-owned oil company Petróleos de Venezuela SA (PDvsa) has continued its idiosyncratic approach to selecting its insurance brokers by retaining Chinese intermediary Jiang Tai Insurance Brokers, The Insurance Insider has learned

Listed Chinese construction firm Jiangsu Zhongnan Construction Group is set to launch a domestic reinsurer with a group of other partners, according to stock exchange filings.

People often do things in the heat of the moment that with the benefit of cool and sober reflection they wouldn't repeat. They lose their heads and do things that are clearly not in their long-term interests

American International Group (AIG) has entered talks with a number of legacy companies about the disposal of a $5bn back-year P&C book as signs grow of a turning tide on its divestiture strategy, The Insurance Insider can reveal