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‘Continued gloom’ for energy liability insureds as hard market persists: Willis

Capacity above a certain limit remains unavailable, with coal and oil sands industries affected especially.

Anna Sagar, 08 April 2021
Rate growth diverges within profitable upstream segment: Willis

Offshore construction business can attract rates of up to 75%, compared with 5% rises in exploration and production.

Samuel Casey, 08 April 2021
Downstream energy becoming ‘two-tier market’: Willis

Rating is now bifurcated, with clean risks securing 12.5%-20% increases and more loss-impacted risks seeing 25% -40% hikes.

Anna Sagar, 08 April 2021
Wholesale and reinsurance set to drive Hiscox recovery: Peel Hunt

The equity research firm cuts its EPS forecasts for the carrier but lifts the share price target.

Samuel Casey, 08 April 2021
Fears recede in marine market of catastrophic Suez loss

Much of the delay caused by the blocking of the Suez Canal is likely not insured, although any claims process will be long and complex.

Samuel Casey, 08 April 2021
Full-year 2020 was a ‘turning point’ for Aspen: CEO Cloutier

The executive says the carrier made strides last year in its underwriting and is well positioned for growth.

James Thaler, 07 April 2021
Africa Specialty Risks hires Axa XL underwriter as PV, terrorism and war head

CEO Mikir Shah said he was delighted that the new recruit will be joining to launch a "new line of business".

Anna Sagar, 07 April 2021
AIG Syndicate 2019 pivots away from California after 2020 loss of $67.1mn

The Talbot-managed syndicate reports a natural catastrophe-driven combined ratio of 118.2% in its first year.

Anna Sagar, 07 April 2021
MS Amlin launches US MGA strategy with marine specialist purchase

CEO Johan Slabbert says the US specialty market offers a chance to balance out the volatility of catastrophe risk.

Rachel Dalton, 07 April 2021
QBE’s Europe hull and war head Costin to step down

The underwriter is a recognised market leader in a number of segments, including builders' risks.

Samuel Casey, 07 April 2021

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