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ILS capital may be lost, not trapped

Trapped ILS capital may turn out to be lost capital as claims from last year develop, according to QBE Re chief underwriting officer Jonathan Parry.

Sofia Geraghty, 24 April 2018
Schultz: M&A may benefit ILS

Aon Securities CEO Paul Schultz has said the ILS market may receive a boost from increased M&A activity due to an uptick in reinsurance buying.

Rachel Dalton, 24 April 2018
Syndicate 457 pegs rates at flat to 5% higher: Artmann

Syndicate 457 is targeting top and bottom line growth of 10 percent this year, aided by price increases and a rise in premium from recently added lines, according to Munich Re Syndicate Limited managing director Thomas Artmann.

Laura Board, 24 April 2018
Pressure builds in lead excess layers of US casualty

There was further evidence at the RIMS conference in San Antonio last week of a transitional market emerging in US casualty insurance, with upwards pressure on rates starting to spread beyond headline hard pockets.

David Bull, 24 April 2018
JLT: aviation underwriters remain defiant on pricing

Aviation rates held flat during first quarter renewals as underwriters prioritised profitability above volume or market share, according to JLT’s latest Plane Talking report.

John Hewitt Jones, 24 April 2018
Leadenhall: ILS sector not fully tested in 2017

While 2017 was a challenging year for the ILS market, it may not have been the year of "the great test", according to Leadenhall CEO Luca Albertini.

Sofia Geraghty, 24 April 2018
Weyerhaeuser seeks $260mn formaldehyde judgment

US timber giant Weyerhaeuser has filed a complaint at a Seattle court in a bid to force nine insurers to pay out up to $260mn in liability cover.

John Hewitt Jones, 24 April 2018
The Insider 50 surpasses major market indices

The Insurance Insider’s index of 50 P&C (re)insurance companies – The Insider 50 – outperformed major market indices last week as it grew by 1.9 percent to reach 1,150.57 index points.

Khilan Shah, 24 April 2018
Travelers grows core income despite $354mn Q1 cat loss

Travelers posted a 10 percent increase in group Q1 core income to $678mn, despite $354mn in pre-tax losses from US storms and Californian mudslides.

Catrin Shi, 24 April 2018
Hive Aero MGA launched with $50mn capacity

Hive Aero, the MGA specialising in aviation war business led by Bruce Carman, has launched with capacity of $50mn for any one aircraft from Beazley, Arch, Chaucer and Dale. .

Rachel Dalton, 24 April 2018

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