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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
Carrier backlash against broker pay practices spreads

A range of heavyweight executives including Sompo International CEO John Charman have lent their support to the searing critique of broker remuneration practices made last week by Chubb CEO Evan Greenberg.

Adam McNestrie, 11 April 2017
Sompo International hires loss control leader

Sompo International has hired Victor Sordillo from QBE as senior vice president and loss control leader, according to a statement from the firm.

Bernard Goyder, 11 April 2017
US lawmakers call for clarification of covered agreement

The top Republican dealing with insurance matters in the House of Representatives has formally asked for a delay in signing the "covered agreement" on regulating carriers in the US and the European Union, seeking clarification of "ambiguous" parts first.

Ted Bunker, 11 April 2017

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