November 2016/4

Two repeat cat bond sponsors are set to raise as much as $650mn of reinsurance limit from the insurance-linked securities (ILS) market as pricing on their new deals came in at competitive levels, sister publication Trading Risk has reported.

Greco's turnaround project for Zurich addresses the immediate investor concerns that caused the firm's valuation to slump below book value just under a year ago.

Analyst scepticism reigned following the long-awaited unveiling of Zurich's three-year strategic plan, which set out ambitious cost-cutting targets but offered little in terms of a strategic redirection.

AIG may not be out of the woods just yet, but the dense foliage is thinning and the path to meeting its 2017 turnaround targets looks clearer.

AIG's investor day last Friday (18 November) met with a lukewarm share price reaction, as the stock closed marginally down before edging back up at the start of this week.

UK broking group Towergate posted a 5.9 percent increase in adjusted Ebitda to £19.4mn ($24.0mn) in Q3, its first quarter of positive year-on-year growth since its financial restructuring in 2015.

Steadfast Re is to open an office in London, The Insurance Insider can reveal.

A litmus test of the aviation reinsurance market is on the way as carriers weigh the merits of a new 50 percent whole-account quota share sought by top-10 aviation insurer Axa.

Are the golden days of globalisation over, or has it just had a correction?

The Kaikoura earthquake that struck New Zealand last week will take another bite out of the fourth quarter earnings of global specialty (re)insurers, as 2016's run of small-to-mid-sized cat losses continues.