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Last week, a Royal visit to 1 Lime Street heralded a fresh commitment from the (re)insurance industry to building a more sustainable future. -
Although superficially a good match, Axa would run significant risks in pursuing a sale of its reinsurance arm to the French mutual.
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The mid-year renewals are seeing a continued slowdown in rate rises for the property D&F market.
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With ILS and pension fund money now confirmed for Syndicate 1988, there are further observations for the vehicle launch.
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The parties will likely look to deliver a carve-out of large P&C and health benefits broking in the US to target a DoJ settlement.
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The new chief of markets was articulate and clear in his first market message since taking up the position.
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Kessler and Derez will each get something they want from the deal, which will also clean the slate for incoming CEO Rousseau.
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Many of the individual causes championed by CEOs are positive, but there are good reasons to separate the political and business spheres.
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After a period of sluggish premium rate growth, the market appears to now be firing on all cylinders.
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Proposals for a secondee system using a UK branch look unwieldy.
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The experience of the past few years has made cedants much more concerned about managing tail risk than they are credit risk.
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Tysers is gearing up for a sale, with bankers talking up the likelihood a London peer will take it out.
