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  • 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
  • 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
  • Barbican is continuing to expand its energy team under the leadership of recently arrived divisional head Olivier Decombes.
  • 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.
  • 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 .
  • 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
  • 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.
  • 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.
  • 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
  • Share price data on The Insurance Insider's universe of P&C (re)insurers