October 2017/1

Uncertainty over the cost of hurricanes Irma and Maria has put the brakes on the recovery of the secondary cat bond market, which had initially rebounded.

Cyber has taken the prime spot as the most important emerging risk for underwriters, according to an International Underwriting Association (IUA) poll of its members

(Re)insurance stocks climbed by 3.8 percent in the third quarter to hint at investor confidence in carrier balance sheets, despite an onslaught of natural catastrophes that threaten to wipe out the year's reinsurance premium intake.

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.

As insurers and their reinsurers continue the challenging task of assessing HIM exposures, there is anecdotal evidence that US property underwriters are beginning to demand rate increases at renewal.

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

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.

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.

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.