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Sponsors secure cat bond discounts as spreads drop
Insurance spreads on new cat bond deals this year have dropped by 12 percent on average during the marketing process, as insurance-linked securities sponsors pressed hard to take advantage of a softening market.
Lucy Jones
,
21 March 2017
The Insider 50 recovers
The Insurance Insider's main index of P&C (re)insurers - The Insider 50 - rose by 74 basis points last week to reach 1,052.2 points, recovering half of the ground lost the week before.
Iulia Ciutina
,
21 March 2017
Global Re combined ratios rise in Q4
The global reinsurers reported narrowing underwriting margins at their P&C reinsurance operations in the final quarter of 2016, as loss ratios were pushed up by above-median catastrophe losses across the board.
Iulia Ciutina
,
21 March 2017
Top line growth slows in Q4 for Global Re
Global reinsurers posted slower gross written premium (GWP) growth in their P&C reinsurance divisions in the fourth quarter, as attractive new business became increasingly scarce in the soft market cycle.
Iulia Ciutina
,
21 March 2017
Accounting misstep puts AmTrust in the spotlight again
AmTrust has again found itself in the crosshairs of the plaintiff bar after an accounting error forced it to postpone the release of its full results filing for 2016 and restate its results for the past three years
Dan Ascher
,
21 March 2017
EU data rules complicate Brexit planning
The incoming EU General Data Protection Regulation could have major implications for UK carriers planning to leave key functions in the UK post-Brexit.
Laura Board
,
21 March 2017
AI and machine learning no replacement for people
Underwriting will not become redundant as a result of artificial intelligence (AI), but technology will change the nature of underwriting, according to TigerRisk's global head of analytics and technology Jayant Khadilkar.
Matthew Neill
,
21 March 2017
Home and work tech gap will help innovation: Notaras
XL Innovate partner Martha Notaras has said that the dissonance between tech experiences "at home" and during the workday within the industry will help to boost innovation in (re)insurance.
Matthew Neill
,
21 March 2017
Transparency and cost of insurance must improve: Miller
Insurers need to improve the transparency of their product and reduce costs if they are to compete with newcomers, Embroker CEO Matt Miller warned a gathering of industry leaders last week.
Matthew Neill
,
21 March 2017
Insider View: An InsurTech meeting of minds
Much of the talk around InsurTech seems to fall into two distinct categories.
Matthew Neill
,
21 March 2017
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