October 2017/1

Let me take a wild guess - I bet you're glad it's not Q3 2017 anymore.

With the third quarter now in the books and (re)insurers obliged to quantify their losses for investors during reporting season, a number have started to pre-announce their expected share of the glut of cat losses.

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

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

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.

Lloyd's has pushed back the approvals process for Barbican's special purpose arrangement (SPA) with Toa Re and Apollo's venture with Mark Rayner, The Insurance Insider understands.

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.

Competition among InsurTech start-ups to join so-called accelerators is keen, with 10 of the market's most high-profile firms receiving more than 8,500 applications to join their programmes, according to a report from Celent and Guy Carpenter.

Concern is mounting in the market that Nagico, the dominant insurer in the Dutch Caribbean, will shoot through the top of its reinsurance programme after St Maarten was devastated by Hurricane Irma.

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

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

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