November 2018/1

Reputation can still be an underrated commodity in insurance.

Property direct and facultative (D&F) players are showing real patience in waiting for the market to turn.

There are two schools of thought when it comes to distribution.

Carriers disclose heavy cat losses as well as mixed underlying performances, as business mix shift continues.

Despite the broader withdrawal from the class, there is still too much capacity in the London market to trigger significant rate improvement.

The PRA’s chief general insurance supervisor backs Lloyd’s efforts to improve syndicates’ performance, but suggests some carriers still have their heads in the sand.

Executives faced pointed questions about workers’ compensation claims trends and casualty pricing during Q3 conference calls.

Casualty pricing and demand overshadow property catastrophe, while RenRe arrives just too late to steal the show.

The deal also accelerates a strategy of pursuing increased scale and leverage.

The trade association’s intervention follows an uptick in major onshore losses with BI exposure.

Executives are working with Evercore to raise $3bn for the start-up.