October 2017/4
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In a clear indication of the extent to which diversification into specialty lines has helped drive recent London company market growth, an analysis by the International Underwriting Association (IUA) has shown that so-called "other" premium rose 26 percent in 2016
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Swiss reinsurers posted an overall underwriting loss in 2016 as their collective non-life combined ratio increased by 10 percentage points year-on-year to 106 percent, data from the Swiss Financial Market Supervisory Authority (Finma) shows
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With the third quarter earnings season around the corner, the market is waiting to see how much of a toll the recent hurricanes had on results, and what it is likely to mean for full-year earnings
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The onslaught of catastrophes in the third quarter could serve as a springboard for commercial rate hikes in the US, if commentary by early reporter and industry bellwether Travelers is anything to go by.
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Make no mistake about it, at times like these, the modelling and ratings agencies are the de facto regulators of the marketplace.
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A look-up table of all the Q3 loss announcements so far by company
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Look-up tables of all the Q3 loss announcements so far by event
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Cat bond market prices had been written down by 5.3 percent by mid-October after hurricanes Harvey, Irma and Maria, as multiple insurance-linked securities (ILS) transactions were expected to respond to the disasters
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Brokers and reinsurers fought for position at the PCI annual meeting in Chicago last week ahead of a 1 January renewal that looks increasingly difficult to call.
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Three proceed to second round of Sovag run-off sale
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Generali has awarded exclusivity to Compre in the sale process for its circa EUR200mn ($235mn) legacy book, The Insurance Insider can reveal.
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The marine cargo market is bracing itself for a $60mn claim from Hurricane Harvey after South Korean auto manufacturer Hyundai Motor Company suffered damage to a consignment of cars in transit.
Most Recent
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AM Best assigns A- FSR to Peak Re North America
27 May 2025 -
Themis' tax underwriter Griffin departs to QBE
27 May 2025