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  • Former Axa CEO Dennis Holt is to step down as chairman of Beazley in the spring, the listed Lloyd's carrier announced this morning
  • In a clear indication of the extent to which diversification into specialty lines has helped drive recent London company market growth, an analysis by the International Underwriting Association (IUA) has shown that so-called "other" premium rose 26 percent in 2016
  • Swiss reinsurers posted an overall underwriting loss in 2016 as their collective non-life combined ratio increased by 10 percentage points year-on-year to 106 percent, data from the Swiss Financial Market Supervisory Authority (Finma) shows
  • With the third quarter earnings season around the corner, the market is waiting to see how much of a toll the recent hurricanes had on results, and what it is likely to mean for full-year earnings
  • While most industry participants agree that a significant portion of insurance-linked securities (ILS) capital supporting retro and collateralised reinsurance will reload at 1.1, the extent of the "re-up" and the return it will require continues to be debated.
  • Brokers and reinsurers fought for position at the PCI annual meeting in Chicago last week ahead of a 1 January renewal that looks increasingly difficult to call.
  • The stars finally seem to be aligning for the legacy market, which has spent years waiting patiently for the anticipated wave of liabilities to arrive.
  • The marine cargo market is bracing itself for a $60mn claim from Hurricane Harvey after South Korean auto manufacturer Hyundai Motor Company suffered damage to a consignment of cars in transit.
  • Investors in both reinsurers and in insurance-linked securities (ILS) are looking for rate rises at the 1 January renewals and failing to meet those expectations could dull their interest in the sector.
  • Munich Re is targeting Japanese earthquake cover and the Asian agricultural insurance market as part of its efforts to increase its market share in Asia Pacific.