May 2018/5

The transaction provides cover for named storms and severe thunderstorms in Texas on an indemnity, annual aggregate basis.

The 2018 Farm Bill would re-authorise crop coverage set to end on 30 September.

Sources believe they are not yet in a hard market for D&F business.

The big three brokers beat Wall Street estimates for the period, while results at AJ Gallagher and Brown & Brown were in line with consensus expectations.

The absence of major cat losses and low attritional losses helped European P&C reinsurers generate healthy margins in Q1.

Hiscox led the cohort in terms of gross written premium growth.