October 2017/1

Catastrophe modelling firms have failed to reach a consensus on the impact of hurricanes Harvey, Irma and Maria, as carriers attempt to count the cost of a fast-moving claims situation

Once again, there was little joy to be found in the headline numbers of Lloyd's first half results.

John Sutton and Toby Humphreys, who led Integro's UK operation for more than a decade until their exit in March this year, are planning to launch a new brokerage, The Insurance Insider understands.

For a long time the traffic has been going in the other direction. Independent brokers were selling up, accepting the inevitable march of consolidation.

Data provider Property Claim Services (PCS) has issued an initial estimate for Hurricane Irma insured losses in US territories of $18.03bn, The Insurance Insider has reported

Lloyd's posted a better combined ratio for the first half of 2017 than for the prior-year period, but this wasn't enough to prevent a drop in pre-tax profits.

A long-term decline in non-fatal workplace accidents and injuries combined with improving loss experience helped workers' compensation carriers to greater profitability last year as premiums climbed to a record $58.5bn

Downstream energy losses this year were approaching $2.85bn even before the recent run of Atlantic hurricanes, according to the latest energy report from JLT Specialty.

A QBE spokesperson confirmed that 2017 catastrophe losses are expected to exhaust its $900mn aggregate reinsurance programme, which is understood to be written by Berkshire Hathaway.

Alex Jomaa of CFC Underwriting has been voted the top cyber underwriter in the London market for the second year running, according to The Insurance Insider's 2017 cyber rankings survey

Pool Re has rejigged its reinsurance offer for its members to help close a protection gap for political violence cover among small and medium-sized enterprises

Markel Catco has said recent catastrophe events mean its 2017 annual return could fall anywhere between up 5 percent to down by as much as 15 percent.