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Bains MGA launches with Nephila investment

Volante Global, the super-MGA founded by ex-Dual CEO Talbir Bains, will commence underwriting in the New Year with seed capital provided by Nephila

Adam McNestrie, 19 December 2017
Reinsurers face 1.1 letdown as excess capacity tells

Reinsurers look unlikely to achieve a meaningful correction in US property catastrophe reinsurance pricing at 1 January, but will be able to point to a better than expected casualty renewal.

Adam McNestrie, 19 December 2017
The Terminator market strikes back

It is a universal rule of cinema that movie sequels are always worse than the original.

Mark Geoghegan, 19 December 2017
Lloyd’s issues guidelines for international insureds

Lloyd's has issued a new round of guidelines for syndicates writing accident and health and life insurance for international and/or government organisations after identifying a number of common misconceptions.

Charlie Thomas, 19 December 2017
Insider View: 1.1 reinsurance renewals

Reinsurance pricing reflects market fundamentals. And that is the story of this renewal to date.

Adam McNestrie, 19 December 2017
Reinsurers regain ground in US casualty renewal

In common with their property cat colleagues, US casualty reinsurance underwriters are suffering a late 1 January renewal, with most deals still awaiting firm order terms as of early December.

David Bull, 19 December 2017
Opinion: Self-defeatism

Casualty reinsurers are talking about brokers and clients taking a more "realistic" approach to dynamics in a sector where margins have been squeezed to the point of being unsustainable on many quota share deals.

David Bull, 19 December 2017
Citizens predicts challenging 2018 as AOB woes continue

Florida's state-backed insurer is preparing for a challenging 2018 that will see ongoing profitability pressures from assignment of benefits (AOB)-driven non-weather losses and an increase in reinsurance costs.

David Bull, 19 December 2017
Opinion: Florida signals

Reading external budget documents is unlikely to be high on the to-do list for reinsurers and brokers entering the frenetic last couple of weeks of a 1.1 renewal season that has run late and proved challenging.

David Bull, 19 December 2017
London binders market refuses rate declines for January

The London property binders market is resisting rate decreases on US business at renewal in the wake of losses from the North Atlantic hurricanes.

Catrin Shi, 19 December 2017

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