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MS Amlin Syndicate 2001 falls to 2016 underwriting loss
Syndicate 2001, MS Amlin's flagship vehicle at Lloyd's, recorded a combined ratio of 103 percent in 2016 following a significant rise in catastrophe claims.
Charlie Thomas
,
11 April 2017
Neon reports 217% combined ratio for 2016
Neon's Syndicate 2468 has reported a combined ratio of 217 percent for 2016, following a 69 percentage point deterioration to the loss ratio.
Charlie Thomas
,
11 April 2017
Lloyd’s open years climb to 6 in 2016
The number of open years at Lloyd's increased to six for 2016, as three syndicates were unable to close their 2014 year of account (YoA).
Catrin Shi
,
11 April 2017
Competition tempers US property softening slowdown
With Q1 earnings calls and RIMS 2017 looming, executive management at carriers and brokers can expect plenty of questions over the trajectory of pricing line-by-line on their portfolios of business.
David Bull
,
11 April 2017
Mergers cause drought in US crop reinsurance demand
Consolidation in the US primary crop market has reduced quota share demand, which has led some reinsurers to question their future involvement in the business.
Ted Bunker
,
11 April 2017
Flagstone Re founder Byrne dies
Mark Byrne, the founder and former chairman of Flagstone Re, passed away in Montreal, Canada on 6 April, 2017.
Charlie Thomas
,
11 April 2017
Insider View: US crop market pressures all parties
While falling rates coupled with M&A activity have altered the dynamics for reinsurers, primary carriers of multi-peril crop insurance (MPCI) and crop hail cover have been pinched by regulated rates for the former and the latter's increasing status as a loss leader.
Ted Bunker
,
11 April 2017
Broker remuneration
The numbers tell a very stark story indeed.
11 April 2017
AGCS leads $500mn Airbus helicopter grounding loss
Allianz Global Corporate & Specialty (AGCS) is the lead insurer for a $500mn loss related to the grounding of faulty Airbus helicopters last year, The Insurance Insider can reveal.
Adam McNestrie
,
11 April 2017
Auto insurers must go beyond rate to lower losses
Underwriters must move beyond the "blunt force of rate" to address the frequency and severity issues blighting personal and commercial auto lines, according to Zurich's head of North America Commercial Insurance Paul Horgan.
David Bull
,
11 April 2017
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