October 2017/2

US broker Integro was recently running a pro forma debt-to-Ebitda ratio in excess of 9x, numbers from Moody's show, as it enters exclusive takeover talks with independent London broking house Tysers.

For a start-up, getting the timing right is often a key driver of success.

State Farm had the most to lose from Hurricane Nate when it blew ashore in Louisiana over the weekend, based on the company's market share in the Bayou State.

The impact of hurricanes Harvey, Irma and Maria (HIM) means the insurance-linked securities (ILS) sector is in line for one of its more complicated 1 January renewals, despite the fact the market's share of losses will be much more contained than it might have been.