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US asbestos reserves falling faster than new claims: AM Best
AM Best warned that without strengthening, reserves for asbestos and environmental exposures are on track to be exhausted in seven years.
Christie Smythe
,
04 December 2018
Never mind the elements; we all know ‘event’ is the most creative word in the English language
Even the best-laid plans rarely survive the briefest of exposures to harsh reality. Insurance is a case in point.
Mark Geoghegan
,
04 December 2018
US casualty reinsurers’ resolve strengthens ahead of 1.1
Casualty reinsurers looking to continue positive pricing movements seen in 2018 renewals.
Christopher Munro
,
04 December 2018
MS Amlin Syndicate 2001 among 2019 stamp reductions
Other significant reductions in this publication’s running SBF approval tally include Aspen 4711, Markel 3000 and Hiscox 33.
Catrin Shi
,
04 December 2018
Cyber wordings broaden as premium rates bottom out
Demand for larger limits is also increasing, with a race among brokers to place $1bn in limit.
Laura Sanicola
,
04 December 2018
Space market grapples with shrinking premium pot
New business written this year for launch in 2019/2020 is unlikely to exceed $350mn.
John Hewitt Jones
,
04 December 2018
Willis’ Aubert sees opportunities from MMC-JLT deal
The head of Willis Great Britain also calls on Lloyd’s to ensure the better performing syndicates are allowed the space to expand.
Laura Board
,
04 December 2018
QBE lifts the lid on AI initiatives
‘Tsunami of data’ on commercial property set to raise underwriting performance.
Bernard Goyder
,
04 December 2018
US cat reinsurance market in stand-off
The $15bn-$20bn wildfire losses have caused the ILS-dominated retro market to seize up.
Adam McNestrie
,
04 December 2018
Everest Re among losers from Stone Ridge retractions
Mt Logan will not be the only reinsurer vehicle impacted by Stone Ridge’s retractions, but has emerged as the first such example.
Fiona Robertson
,
04 December 2018
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