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Beazley predicts above-forecast 2017 earnings

Beazley is expecting pre-tax profits for 2017 to beat market expectations, and to remain in the black at the combined ratio level.

John Hewitt Jones, 17 January 2018
California insurers may face wildfire cost hikes

California wildfire victims may get more time to sue their insurers and be able to force their carriers to be more flexible in applying benefits to help them recover if legislative proposals put forward today win passage.

Ted Bunker, 17 January 2018
Trump spending plans offer surety benefits and risks

The potential boon to the US construction industry from the Trump administration’s infrastructure rebuilding plans poses benefits and risks for the surety sector, according to AM Best.

David Bull, 17 January 2018
Lockton promotes Mundy as Petrosino retires

Lockton has promoted Nate Mundy to COO of its US Pacific operations in place of Gary Petrosino, who is retiring after less than two years in the role.

David Bull, 17 January 2018
Duperreault warns of insurance 'brain drain'

A severe brain drain continues to be a major challenge for the insurance sector, according to AIG CEO Brian Duperreault, who said today that "we as an industry have to keep paying attention to attracting talent to understand risk"

Anthony Baldo, 17 January 2018
Cyber risk climbs to top of US concerns: Allianz

Cyber risk rose to become the top concern among respondents to the Allianz Risk Barometer survey this year, surpassing business interruption in the seventh annual polling.

Ted Bunker, 17 January 2018
Canopius hires Argo’s Kelly for US professional lines

Canopius has hired William Kelly as a senior vice president in its US management and professional lines team.

Laura Board, 16 January 2018
Nexus exploring 2018 IPO or stake sale

Independent MGA Nexus is gearing up for a listing on the London Stock Exchange or a partial sale of the business later this year

Adam McNestrie, 16 January 2018
Italian tax change to bolster home insurance: Fitch

An Italian tax change to encourage the purchase of catastrophe cover could spur a slight increase in home insurance premiums, according to Fitch Ratings

John Hewitt Jones, 16 January 2018
Rockhill renewal deal to ‘scale’ CapSpecialty book

CapSpecialty’s renewal rights deal for the environmental liability book written by State Auto subsidiary Rockhill will allow the Alleghany business to grow quickly in a space where it would not otherwise be possible, according to CapSpecialty CEO Stephen Sills

Adam McNestrie, 16 January 2018

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