October 2013/3

AIG's chief reinsurance officer Samir Shah said the carrier's reinsurance revolution has been motivated by the radical changes at the business over the last few years.

Lloyd's founding franchise performance director, Rolf Tolle, is thought to be considering running for the January 2014 Lloyd's Council election, market sources have told The Insurance Insider.

Aviation underwriters face fresh pressure to lower their prices when the world's top airlines renew their policies over the next two months, reflecting cut-throat competition and a prolonged dearth of major claims, according to industry executives

Around five months after this publication first cast the spotlight on it, Willis's answer to the Aon-Berkshire Hathaway Lloyd's sidecar is finally set to go live, The Insurance Insider has learned.

Property cat rates will be down an average of 5-10 percent at the 1 January 2014 renewals for loss-free accounts, according to Willis Re

While the influx of alternative capital into the reinsurance market dominated conversations in Monte Carlo, subsequent industry gatherings have placed the issue into the broader context of diverging P&C outlooks

Ever since the global financial crisis hit hard in 2008, the reinsurance industry has instinctively known the regulatory backlash has been coming.

Ukrainian (re)insurer Lemma continues to face a EUR10mn liability arising from its indirect involvement in the UK solicitors' market through its Gibraltar-based Lemma Europe affiliate in 2009 and 2010

Lexington has laid down the law to brokers, buyers and competitors in the pressurised US property insurance market by saying it will walk away from business rather than accept rate reductions at renewal, The Insurance Insider can reveal.

The spread of cloud computing and draconian new data protection legislation looks set to accelerate already rapid growth in the cyber insurance market