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Cat bond prices recover from Irma hit

Cat bond prices improved at the end of last week as it became clear that Hurricane Irma was not going to be a major threat to the cat bond segment of the insurance-linked securities (ILS) market.

Sofia Geraghty, 19 September 2017
Hurricane Irma: P&C (re)insurance stock impact

As this year's hurricane season continued to show strong momentum with Hurricane Irma following shortly after Hurricane Harvey, investors grew increasingly wary of the P&C (re)insurance industry suffering the possibility of three-digit billion dollar losses and reacted accordingly.

Iulia Ciutina, 19 September 2017
US P&C pain presents growth opportunities for E&S: Ryan

Deteriorating underwriting results in the US commercial insurance sector could provide growth opportunities for the excess and surplus lines (E&S) market, according to Ryan Specialty chairman and CEO Pat Ryan.

David Bull, 19 September 2017
Muted response to Ogden reforms predicted for 1.1

Primary auto carriers, their brokers and reinsurers face a complex round of January renewal discussions after the UK government drafted reforms to the Ogden discount rate.

Laura Board, 19 September 2017
RSG seeking new acquisitions

Ryan Specialty Group (RSG) is actively seeking new strategic acquisitions in its transactional broking and underwriting businesses, according to founding chairman and CEO Pat Ryan.

David Bull, 19 September 2017
Ed taps carriers for TradEd placing platform

Broker Ed is asking carriers for up to $200,000 apiece in connection with its TradEd placing platform.

Adam McNestrie, 19 September 2017
Lemonade CEO: P2P moniker ‘caused a lot of confusion’

The CEO of major InsurTech start-up Lemonade has explained the rationale behind the firm's decision to drop its claim to be a peer-to-peer (P2P) insurance company earlier in the year.

Mark Geoghegan, 19 September 2017
R&Q gets green light for Rhode Island

R&Q has received a licence to operate in Rhode Island as the run-off acquirer positions itself to take advantage of a new Part VII-style regulatory framework, The Insurance Insider has learned.

Catrin Shi, 19 September 2017
Lloyd’s looking to centralise more functions: Beale

The Corporation of Lloyd's is considering ways it can run more functions centrally in a bid to reduce the market's above-average 41 percent expense ratio, according to CEO Inga Beale.

Catrin Shi, 19 September 2017
Generali EUR200mn legacy sale down to three

The bidding process for Generali's EUR200mn ($238mn) legacy book has narrowed to three parties, with final offers due this week, The Insurance Insider has learned.

Catrin Shi, 19 September 2017

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