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Cavanagh and Kent urge restraint with post-hurricane back-ups
Willis Re CEO John Cavanagh and designated successor James Kent have urged the reinsurance market to show a measured response when arranging back-ups following Hurricane Harvey and Hurricane Irma
Charlie Thomas
,
12 September 2017
Rate expectations moderating as Irma loss estimates fall
Expectations of a truly hard market for US property catastrophe treaty business are starting to recede as initial indications suggest that Hurricane Irma was a less severe event than expected
Adam McNestrie
,
12 September 2017
West coast Florida counties dominated by super-regional insurers
Universal, United P&C (UPC Insurance), Heritage and Federated National are the leading private market carriers in the 12 Florida counties that were the first to take the brunt of Hurricane Irma
Fiona Robertson
,
12 September 2017
Travelers halts buybacks and forecasts up to $750mn Harvey loss
US carrier Travelers yesterday estimated its cat losses related to Hurricane Harvey would range from $375mn to $750mn before tax
Laura Board
,
12 September 2017
Lloyd's start-up Cobalt in advanced sale talks
Delayed shariah-compliant Lloyd's start-up Cobalt is in advanced sale talks with National Standard Finance, an infrastructure and debt investor based in Sandy Springs, Georgia, The Insurance Insider can reveal.
Adam McNestrie
,
12 September 2017
IGI stresses the importance of retaining the pen
Amid a meteoric rise in the number of MGAs, Jordan-based (re)insurer IGI is keen to retain underwriting control, according to CEO Andreas Loucaides.
Charlie Thomas
,
12 September 2017
The Insurance Insider Monte Carlo 2017 Day 3
Psychologists have proven that in a negotiation it is always a good tactic to anchor your opponent's expectations with your first bid
Mark Geoghegan
,
12 September 2017
Opinion: A bargain loss
Psychologists have proven that in a negotiation it is always a good tactic to anchor your opponent's expectations with your first bid
Mark Geoghegan
,
12 September 2017
Willis Re’s Cavanagh exploring InsurTech start-up
Outgoing Willis Re global CEO John Cavanagh has begun work on the formation of a technology-enabled MGA that he will look to launch next year after leaving the big three broker, The Insurance Insider can reveal.
Adam McNestrie
,
12 September 2017
QBE’s Neal cedes CEO job to Regan
Australian carrier QBE said CEO John Neal will step down at year-end and be replaced by Pat Regan, who is currently CEO of the group's Australian and New Zealand operations.
Laura Board
,
12 September 2017
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