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October 2017/3

  • The Mexican state education authority is leading a string of direct and facultative (D&F) losses expected by the London market following the two earthquakes which struck the country in September.
  • Wildfires that have ravaged California wine country came under partial control over the weekend, and rain forecast for later this week may let firefighters halt the advance of multiple blazes that have destroyed at least 5,350 structures in the region and left dozens of people dead.
  • The reaction of investors in cat funds that write retro will play a major part in determining the extent of rate hardening for both reinsurers and insurers at 1 January.
  • Anyone who spends time on LinkedIn will be more than familiar with the eye-catching headlines written by the marketing departments of large recruitment or consultancy firms.
  • State Auto's specialty carrier Rockhill will not write new or renewal excess and surplus lines (E&S) property accounts after 1 November.
  • These Mexican losses are just the tip of the iceberg for the London direct and facultative (D&F) market.
  • Insurance-linked securities (ILS) investors contemplating leaving the sector because of low rates may be enticed to stay by the price increases expected following the recent hurricanes, according to Todor Todorov, head of ILS research at Willis Towers Watson.
  • Insurance-linked securities (ILS) managers must enter into dialogue with cedants to build confidence following the recent hurricanes, said Paul Schultz, CEO of Aon Securities, speaking at the Trading Risk New York Rendez-Vous last week.
  • Look-up tables of all the Q3 loss announcements so far by event
  • Florida domestic insurers will need to raise capital following Irma, which will result in a range of outcomes at the June renewals, according to an expert panel at the Trading Risk New York Rendez-Vous last week.
  • A look-up table of all the Q3 loss announcements so far by company
  • Loss estimates for the Q3 catastrophes from modelling companies and industry associations