May 2018/3

Global broking might not be a new idea, but Aon's latest evolution is undoubtedly a bold move.

A brace of JC Flowers deals and a third from AssuredPartners continues trend.

Rates in primary habitational and hotels and dealers’ open lot insurance are accelerating faster than in the wider property market.

This publication's legacy survey found just 29 percent of the market were hopeful the Rhode Island legislation would serve as an effective transfer mechanism in the coming year.

The retro writer said its 2017 portfolio loss would rise to 41 percent of net asset value.

New business growth and increases in rates helps reinsurance divisions outperform the primary units.

Bermudians' prior-period reserve development ratio is at its lowest level since at least 2010, excluding Q1 2017.

Bermuda gross written premium increased by 20 percent to $15.0bn in Q1 2018.

Both 1.1 and 1.4 renewals concluded with only minor rate gains.

Given how much of its asset base was locked up if not lost, the fact that it pulled off the feat of bringing in more than $2.3bn to enable it to renew its portfolio for 2018 was impressive.

The Insider 50 inched up by 0.3 percent to reach 1,139.20 index points last week.