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Marsh names Fahrig as Continental Europe head

Global broker Marsh has promoted Siegmund Fahrig to the role of CEO of Continental Europe.

Laura Board, 17 October 2017
Opinion: Mind the skills gap

That there are too few adjusters to adequately cater for all of the cat event-afflicted (re)insurers will have come as little surprise to anyone in the adjusting industry.

Charlie Thomas, 17 October 2017
Brace of broker investments planned for year-end: BP Marsh

Financial services investor BP Marsh is targeting another two investments in the insurance sector in 2017, most likely in the intermediary space, according to chief investment officer Dan Topping.

Charlie Thomas, 17 October 2017
Pioneer promotes McCluskey to PI head

Pioneer Underwriting has promoted Kate McCluskey from underwriter to head of professional indemnity (PI) international and US excess.

Bernard Goyder, 17 October 2017
Aspen Q3 losses better than expected: Buckingham Research

Aspen's Q3 pre-tax cat loss disclosure has come in far lower than expected, despite "considerable trepidation" on the size of the loss, equity analysts at Buckingham Research Group have said.

Catrin Shi, 17 October 2017
Moody’s estimates California wildfires insured loss at $4.6bn

Ratings agency Moody's has estimated that the total insured loss from the Californian wildfires has risen to $4.6bn, based on the number of structures now believed to have been destroyed.

Charlie Thomas, 17 October 2017
Markel Catco increases HIM reserves

Fund manager Markel Catco has stepped up reserving following hurricanes Harvey, Irma and Maria, setting aside a total amount equivalent to a fifth of its net asset value (NAV)

Lucy Jones, 17 October 2017
Higher rates may persuade ILS investors to stay

Insurance-linked securities (ILS) investors contemplating leaving the sector because of low rates may be enticed to stay by the price increases expected following the recent hurricanes, according to Todor Todorov, head of ILS research at Willis Towers Watson.

Lucy Jones, 17 October 2017
Funds must provide more information to cedants: Schultz

Insurance-linked securities (ILS) managers must enter into dialogue with cedants to build confidence following the recent hurricanes, said Paul Schultz, CEO of Aon Securities, speaking at the Trading Risk New York Rendez-Vous last week.

Lucy Jones, 17 October 2017
Q3 loss preannouncements by company

A look-up table of all the Q3 loss announcements so far by company

Iulia Ciutina, 17 October 2017

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