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Reinsurers squeezed by flat 1.1 and rising retro rates
Reinsurers hit by a heavy cat year are unlikely to see significant rate rises as retro rates increase.
Insurance Insider team
,
21 December 2018
Lloyd’s gross Marriott exposure estimated at $150mn
The hotel chain has $350mn of cover in place and looks set to inflict the market’s largest-ever cyber claim.
Catrin Shi
,
21 December 2018
Lloyd’s carriers agree $5mn NRA insurance probe settlement
The regulatory investigation relates to coverage provided under a group insurance policy issued to the NRA.
John Hewitt Jones
,
21 December 2018
Argo culls London market livestock book
Only a handful of carriers in the London market write livestock and bloodstock business.
John Hewitt Jones
,
21 December 2018
Reinsurers on risk as IAG and Suncorp reveal storm damage
The carriers disclose hefty claims from a Sydney hailstorm with more expected.
Fiona Robertson
,
21 December 2018
Butt takes Neon Underwriting CEO role in executive reshuffle
The executive reports to group CEO Martin Reith in the new role.
John Hewitt Jones
,
21 December 2018
From the giant Axa-XL union to Maiden's distress, The Insurance Insider brings you the highlights of 2018
Settle in for The Insurance Insider’s 12 days of Insurancemas.
Charlie Thomas
,
21 December 2018
Moody’s affirms Integro’s B3 rating on US unit sale
The ratings outlook for the broker is stable.
Rachel Dalton
,
21 December 2018
Ireland’s central bank fines RSA EUR3.5mn
Investigation reveals deliberate under-reserving between 2009 and 2013.
Rachel Dalton
,
21 December 2018
Sydney hailstorm wipes out IAG 2018 aggregate deductible
IAG estimates $120mn in claims from the fifth event to be designated a catastrophe this year by the Insurance Council of Australia.
Rachel Dalton
,
21 December 2018
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