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Despite the European Commission last month playing down concerns around contract continuity, it remains a key issue for the UK insurance industry.
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AIG’s move to manage its liabilities in-house means a potentially significant deal flow is now virtually off-limits for legacy acquirers.
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News that 2018 will likely be the fourth hottest year and that the only more oppressive ones have been 2015, 2016 and 2017 leads me to believe that the record heat and what it has helped create – more flooding, more hurricanes, more tornadoes – just may be saving the insurance industry.
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AmTrust has huge outstanding underwriting liabilities, and by forming a partnership with Enstar it has brought the industry’s best manager of claims and commutations to the table.
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The world is full of people trying to be something they are not.
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Carriers with a cornerstone position in one market have much to gain from operating on Lime Street.
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In a world full of ruthless, mechanical efficiency, there is little love left for the concept of redundancy.
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The Everglades National Park is an apt metaphor for the Florida insurance market.
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Given the buzz around InsurTech and the pending disintermediation of insurance distribution, an IPO from an established digital player nestled next to a summit of innovation in Cambridge, Massachusetts might have been expected to take off like a rocket.
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In the London (re)insurance market, at the moment everyone is sweating it out.
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The noise around London’s expense base in particular has got louder in light of a Lloyd’s crackdown on syndicate profitability.
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Insurers that have started fixing what’s broken early and rethinking what it’s worthwhile writing and from where may be better placed than those watching and waiting.