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Industry can find growth in uncovered risk: Andersen
The insurance industry can use its existing capabilities to underwrite corporate and government-retained risk that has previously left the private market, generating tens of billions of new premium dollars in the process, according to Aon Benfield CEO Eric Andersen
David Bull
,
09 May 2017
Markerstudy placed up for sale
Gibraltarian motor insurer Markerstudy is exploring a sale as a tightening of the regulatory regime in the British overseas territory and the change to the Ogden rate put pressure on its model, The Insurance Insider can reveal
Adam McNestrie
,
09 May 2017
Barbican hires Wiffen from XL Catlin for energy team
Barbican is continuing to expand its energy team under the leadership of recently arrived divisional head Olivier Decombes.
Laura Board
,
09 May 2017
AmTrust MGA network put up for sale
Troubled US insurance giant AmTrust is looking to sell a 51 percent stake in its MGA network and warranty administration business to a private equity buyer, according to CEO Barry Zyskind.
Bernard Goyder
,
09 May 2017
Aon confirms $100mn charge from headcount reduction
Aon has reported a $103mn charge in the first quarter related to workforce reductions, 24 hours after The Insurance Insider revealed that Aon was planning to unveil a programme to cull its senior ranks .
Charlie Thomas
,
09 May 2017
Cat bond issuance to hit $8bn in 2017: Aon
Aon Securities reiterated its forecast for $8bn of new cat bond deals to be issued in 2017, which would make it the insurance-linked securities (ILS) market's biggest year since 2014
Sofia Geraghty
,
09 May 2017
Bermuda first quarter returns continue to slide
First quarter operating returns on equity shrank for the fourth consecutive year among Bermudian (re)insurers, with one-off Ogden impacts and elevated cat losses eroding profits.
Iulia Ciutina
,
09 May 2017
Jedraszak leaves Hiscox Re ILS
One of the senior executives at Hiscox Re's insurance-linked securities (ILS) platform, Michael Jedraszak, has resigned four years after helping to establish the division, sister publication Trading Risk revealed last week.
Fiona Robertson
,
09 May 2017
MTA looks to renew storm surge cat bond
New York's Metropolitan Transportation Authority (MTA) is looking to renew its cat bond cover after its previous insurance-linked securities (ILS) protection lapsed midway through 2016, sister publication Trading Risk reported
Sofia Geraghty
,
09 May 2017
The Insider 50
Share price data on The Insurance Insider's universe of P&C (re)insurers
Iulia Ciutina
,
09 May 2017
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