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Opinion: A hard market?

Is Hiscox calling a hard market?

Adam McNestrie, 12 October 2017
Cincinnati predicts up to $114mn in Q3 cat losses

Cincinnati Financial has announced that it expects to take pre-tax catastrophe losses of $102mn to $114mn in the third quarter.

Charlie Thomas, 12 October 2017
California fires spread as loss toll mounts

Wildfires ravaging northern California’s wine country have consumed over 160,000 acres and destroyed more than 1,300 buildings, the latest state data show. At least 23 deaths have been reported as well.

Ted Bunker, 12 October 2017
Vault Reciprocal Exchange gets A- rating from AM Best

High net worth (HNW) startup Vault has been granted an A- rating by AM Best for its reciprocal exchange vehicle as it prepares to begin underwriting in Florida this month.

David Bull, 12 October 2017
Arch Capital sets Q3 cat losses at up to $345mn

Arch Capital Group pegged its third quarter catastrophe losses at as much as $345mn after taxes, net of reinsurance recoveries and reinstatements, mainly from the period’s three hurricanes and two major earthquakes in Mexico.

Iulia Ciutina, 12 October 2017
Everest Re sets Q3 pre-tax cat loss at $1.2bn

Everest Re estimated it will report $1.2bn in pretax catastrophe losses for the third quarter, net of reinsurance recoveries and reinstatement payments.

Iulia Ciutina, 12 October 2017
Renewable energy needs better insurance products: Swiss Re

The renewable energy industry is the commercial sector most in need of innovative insurance products, according to Swiss Re's most recent Sigma report

Charlie Thomas, 11 October 2017
Marsh makes bid for sharing economy cover

Marsh has laid out a plan to help communications, media and technology (CMT) clients better insure the sharing economy, in a report that urges such firms to raise their insurance game

Bernard Goyder, 11 October 2017
Californian wildfires still ‘uncontained’

Wildfires sweeping through northern California have now destroyed around 2,000 structures and killed more than 15 people, according to news reports.

Catrin Shi, 11 October 2017
Opinion: Time for change

The P&C insurance industry is often described as a model example of the forces of demand and supply in action

David Bull, 11 October 2017

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