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Zurich to market £2bn UK EL book in 2018

Zurich is considering bringing its mammoth £2.0bn ($2.6bn) legacy UK employers' liability (EL) book to market in the first half of 2018, The Insurance Insider has learned

Catrin Shi, 23 October 2017
Typhoon Lan makes landfall in Japan

A strong typhoon has lashed Japan, killing five people and injuring up to 90 others, according to local media reports.

Bernard Goyder, 23 October 2017
JLT Re: reinsurers sitting on $60bn excess capital pre-HIM

JLT Re has estimated that the reinsurance market was over-capitalised by more than $60bn as it entered the 2017 hurricane season, which has produced some of the most punishing catastrophe losses on record.

Fiona Robertson, 23 October 2017
Lloyd’s applies for Brexit hub licence

Lloyd's has filed an application with the Belgian regulator to form an insurance company that will allow it to continue to write European Economic Area business after Brexit takes effect

Laura Board, 23 October 2017
HIM drives QIC to underwriting loss over first nine months

Losses from hurricanes Harvey, Irma and Maria (HIM) and the UK change to the Ogden rate drove the Qatar Insurance Company (QIC) Group to an underwriting loss for the first nine months of 2017, it reported today

Charlie Thomas, 23 October 2017
Munich Re Syndicate begins writing marine XoL

Munich Re Syndicate Limited has begun underwriting a London market marine excess-of-loss (XoL) treaty portfolio, The Insurance Insider can reveal

Charlie Thomas, 23 October 2017
Bains pairs up with Gutiérrez for Zurich MGA launch

Former Dual CEO Talbir Bains is set to launch a European treaty MGA called Horizon with former Sompo Canopius executive Eric Gutiérrez, The Insurance Insider can reveal

Adam McNestrie, 23 October 2017
Lloyd’s expects $900mn Maria loss

Lloyd's said today it would take a $900mn loss from Hurricane Maria as it revised down its combined loss estimate for hurricanes Harvey and Irma

Bernard Goyder, 23 October 2017
The Hartford’s Aetna deal may damp takeout speculation

The Hartford’s $1.45bn deal to buy Aetna’s group benefits business likely dulled the carrier’s allure as a takeout target and that may explain a 4.3 percent drop in the company’s shares today.

Ted Bunker, 23 October 2017
Hurricane Irma claims top $5.3bn in Florida

Loss claims from Hurricane Irma surpassed $5.3bn in Florida last week, the state’s insurance regulator reported today.

Ted Bunker, 23 October 2017

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