October 2017/2

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

Motor underwriters and their representatives are holding high-level talks with government officials and state agencies about vehicle-based terrorist attacks, as the prospect of unlimited industry liability threatens to force up reinsurance rates and tighten conditions at the 1 January renewals.

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.