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FM Global elevates Hodge to oversee underwriting

FM Global has named Randy Hodge as senior vice president, underwriting and reinsurance, overseeing the company’s underwriting and reinsurance functions from headquarters in Johnston, Rhode Island.

Ted Bunker, 05 December 2017
The Hartford’s Talcott sale prompts cuts in estimates

Shares in The Hartford closed down more than 3 percent today in New York after equity analysts lowered earnings estimates in response to the $2.05bn sale of the US insurer's Talcott run-off and annuity unit.

Iulia Ciutina, 05 December 2017
Marsh cuts almost 200 jobs

Marsh has parted company with just under 200 personnel as part of what has been described as a “business-as-usual” fourth quarter expense saving measure, The Insurance Insider has learned.

David Bull, 05 December 2017
Idiosyncratic investors digest Q3 results

While the P&C sector was a sea of red in the third quarter, some carriers performed better than others against the expectation of analysts - although investor reaction remained muted

Dan Ascher, 05 December 2017
Q3 wrap: investment yields and losses

Investment returns remained subdued year-on-year for the vast majority of the companies in our analysis, ranging from 1.7 percent to 6.5 percent for the third quarter

Iulia Ciutina, 05 December 2017
Q3 wrap: reserve contributions and expenses

Weaker favourable prior-year development was again a feature in the third quarter results for most carriers in our analysis.

Iulia Ciutina, 05 December 2017
Underlying margins remain pressured in Q3

Underwriters continued to suffer the effects of years of soft rates in the third quarter, with underlying margins from the liability side of the balance sheet again being squeezed for most of the P&C (re)insurers in our analysis

Iulia Ciutina, 05 December 2017
‘Beazley Beta’ points to possible future of London market

Beazley has presented a possible picture of Lloyd's future in which the largest players "stock pick" on behalf of equity investors, while managing an optimised index strategy for ILS investors.

Adam McNestrie, 05 December 2017
Energy market to get single-digit rate rises

After a series of disastrous renewal seasons characterised by over-capacity and falling demand, the upstream energy market in London looks set to achieve mid-single-digit rate increases at 1 January.

Adam McNestrie, 05 December 2017
Idiosyncratic investors digest Q3 results

While the P&C sector was a sea of red in the third quarter, some carriers performed better than others against the expectation of analysts - although investor reaction remained muted.

Dan Ascher, 05 December 2017

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