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US specialty top line swells by 11% in Q3

US specialty players continued to increase their exposure during the third quarter of 2017, with gross written premiums (GWP) rising by 10.8 percent, according to analysis by The Insurance Insider.

Dan Ascher, 14 November 2017
Q3 cats kill US specialty underwriting margins

US specialty combined ratios escalated well into triple digits in the third quarter following elevated catastrophe losses, while ex-cat underwriting performances improved overall year-on-year.

Iulia Ciutina, 14 November 2017
Agora syndicate clears Lloyd’s final hurdle

Third party managing agent Asta has received final clearance from Lloyd's to commence writing for another full syndicate in 2018, as a host of others are kept waiting.

Marcus Alcock, 14 November 2017
PCS North American cat loss figures pass $70bn

A tally of first-round PCS claims estimates for natural catastrophes in the US territories and the Caribbean puts total insured losses to $71.8bn for the year-to-date.

Catrin Shi, 14 November 2017
Investors cautious as AmTrust continues clean-up

AmTrust still has a big job on its hands to win over investors after another messy set of quarterly results that also highlighted the efforts management is making to clean up the US insurer, strengthen its balance sheet and set it on a more stable path towards 2018 and beyond.

David Bull, 14 November 2017
Insurance issue enters tax reform debate

Insurance became a key issue in the US tax reform debate yesterday after President Donald Trump insisted that lawmakers include a rollback of the Affordable Care Act's individual mandate in the bill to fund a cut in income taxes.

Ted Bunker, 14 November 2017
GDPR brings huge ‘silent data risk’ for liability insurers

Liability insurers are facing a huge increase in potentially silent exposures as a result of the increased litigation and compensation claims expected following implementation of the EU General Data Protection Regulation (GDPR).

Catrin Shi, 14 November 2017
Armour wins exclusivity for QBE US commercial auto book

QBE is in exclusive discussions with Armour on a $500mn US legacy book that holds predominantly commercial auto exposures, The Insurance Insider understands.

Adam McNestrie, 14 November 2017
Legacy market takes off as capital optimisation becomes priority

The number of legacy transactions being explored by the live market is surging as firms look for solutions to deteriorating reserve positions and ways of optimising their capital.

Catrin Shi, 14 November 2017
London market braces for marathon FCA probe

The tying of reinsurance and broker-owned MGAs are among the more surprising areas of focus in the Financial Conduct Authority (FCA)'s probe into wholesale insurance broking.

Laura Board, 14 November 2017

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