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Lexington records 31% rise in casualty rates for Q3: Zaffino

The AIG subsidiary achieved rate rises of 30 percent across commercial D&O while also reducing its portfolio loss exposure.

John Hewitt Jones, 01 November 2019
Eklund suspends $500mn+ retro raise

The former RenRe and Aeolus executive had been in talks with Warburg Pincus over a new retro fund platform.

Adam McNestrie, 01 November 2019
ILS market approaches record capacity

The reinsurance broker says interest in sidecars has picked up, though investors’ criteria is stringent.

Sofia Geraghty, 01 November 2019
AIG's net Hagibis loss ex-Validus limited to $75mn by reinsurance

“Aggressive limit management” has been deployed across the insurer’s book.

Bernard Goyder, 01 November 2019
Brit books 104% combined ratio as Fairfax income grows 12%

Brit cut premiums by 2.5 percent compared to the prior-year quarter.

Rachel Dalton, 01 November 2019
MS Amlin working with Evercore as it looks for UK P&C sale

Efforts have also been made to sell the renewal rights to the $100mn aviation book.

Adam McNestrie, 01 November 2019
Generation of underwriters 'focused on getting price': Fairfax president

Paul Rivett said social inflation, interest rates and tightening capacity at Lloyd’s had heightened pressure on underwriters.

John Hewitt Jones, 01 November 2019
UK Supreme Court decision brings reprieve for liability insurers

The country’s highest court found that Travelers was not obliged to pay the legal costs of uninsured claimants.

Samuel Casey, 01 November 2019
Brown & Brown hires Zurich alternative markets head Putz

The executive will be Arrowhead General Insurance executive vice president and lead its national programs division.

Anna Sagar, 01 November 2019
AIG returns to Q3 profit despite GI underwriting loss

Adjusted income moved to $0.56 per share, compared with a loss of 0.34 per share in Q3 last year.

Bernard Goyder, 01 November 2019

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