October 2015/1

QBE appoints Grote; US commercial rates down 1%; Berkley Re UK starts fac unit; Arch Re US hires CUO; Suncorp hires Herman; Riordan follows Kerner out of Zurich; Markel gains Hope; Compre reshuffle

Only six days into the fourth quarter of the year, a number of weather events have occurred that could threaten insurers with below-threshold cat losses.

The fictional adventures of an industry titan

Relatively unnoticed, there has been a quiet revolution in insurers' attitudes to fixed income investments over the past few years.

The trial in a long-trailed $85mn fraud case over the loss of the Brillante Virtuoso in 2011 - which has been linked to the murder of a British loss adjuster - has been postponed

The first auction for 2015 capacity on Names-backed syndicates at Lloyd's has seen the biggest price jump in five years, with average prices climbing almost 10p on the previous year to 36.7p per £1 of capacity.

The Prudential Regulation Authority (PRA) will work with Lloyd's to streamline some of the administration around Solvency II, the market's chairman revealed at a gala dinner late last month

The International Association of Insurance Supervisors (IAIS) has concluded its initial development of the higher loss absorbency (HLA) requirement for global systemically important insurers (G-SIIs)

The imperative to sustain top-line growth is driving publicly traded Florida homeowners' insurers to seek acquisitions outside of the state, with two transactions announced last week.

Share price data on The Insurance Insider's universe of P&C (re)insurers

P&C (re)insurance stocks comfortably beat the performances of both the FTSE 100 and Stoxx Euro 600, with the Lloyd's carriers leading the way

The average share price for the Insider 30 universe of P&C (re)insurers climbed 4.85 percent in the third quarter, significantly outperforming the S&P 500, the FTSE 100 and the Stoxx Euro 600 indices.