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Asian renewal contest looms after cat spike

The battle lines are being drawn in Asia between reinsurers and cedants ahead of the 1 January renewals, as the sector continues to come to terms with the remarkable string of third quarter cat losses.

Adam McNestrie, 31 October 2017
Qatar Re shakes up Singapore branch as Lee exits

Qatar Re's Dubai-based head of marine will move to lead operations in Singapore following three departures in the recently licensed office, The Insurance Insider understands.

Adam McNestrie, 31 October 2017
Opinion: Free trade

Delegates gathering in Singapore for the Singapore International Reinsurance Conference (SIRC) will, of course, have the 1.1 renewals uppermost on their minds

Adam McNestrie, 31 October 2017
Industry tries to piece together $100bn loss puzzle

As third quarter cat loss disclosures roll in with the earnings season, a discussion is heating up in the market about whether recent events will generate the $100bn industry loss sources had been coalescing around.

Catrin Shi, 31 October 2017
Catalina to take on $190mn Samsung US legacy book

Catalina has agreed to transfer a $190mn portfolio of US legacy liabilities from the US branch of Samsung Fire & Marine Insurance to its Alea subsidiary.

Catrin Shi, 31 October 2017
Q3 cats overshadow weakening fundamentals

The third quarter could still go down as the costliest in the (re)insurance industry's history, with almost all the companies to report so far dragged to a loss and a significant portion of the sector's excess capital wiped out.

Iulia Ciutina, 31 October 2017
Lloyd’s targets Q1 clearance for EU hub

Lloyd's is aiming to secure regulatory approval for Brussels-based Lloyd's Insurance Company early next year and believes it has widespread market backing for the structure of its post-Brexit subsidiary.

Laura Board, 31 October 2017
Peak Re unfazed by Nagico cat losses

Losses sustained by Caribbean insurer Nagico during hurricanes Irma and Maria have not dented the allure of the business for 50 percent owner Peak Re.

Laura Board, 31 October 2017
WKFC launches $100mn property consortium

WKFC Underwriting has launched a new property consortium with a quartet of high-profile carriers offering up to $100mn of combined limit, The Insurance Insider can reveal.

David Bull, 31 October 2017
Chan leaves ArgoGlobal Asia

Ivan Chan, ArgoGlobal Asia's CEO, has left the firm, The Insurance Insider understands.

Charlie Thomas, 31 October 2017

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