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R&Q weighing managing agency divestiture

Randall & Quilter (R&Q) is exploring the sale of a majority stake in its managing agency arm and is in discussions with a number of parties about a potential transaction, The Insurance Insider can reveal.

Adam McNestrie, 07 February 2017
Insider View: London rate slowdown

That London market rate reductions are slowing is a clear positive for the market.

Catrin Shi, 07 February 2017
Big ticket rate declines moderate amid profitability pressures

After years of persistent softening, rate reductions on open market insurance business are slowing on Lime Street as carriers start to push back.

Catrin Shi, 07 February 2017
Insider View: PPL’s marine fracas

Speak with anyone that has to transact business via Placing Platform Limited (PPL) and you will quickly realise that the system is not perfect.

Adam McNestrie, 07 February 2017
Why the mariners have mutinied over PPL

Placement Platform Limited (PPL) is "open to serious abuse and misuse" according to a letter from marine market representatives that detailed 10 objections to the long-awaited system as it stands.

Bernard Goyder, 07 February 2017
PPL binds 1,600 risks in first seven months

Two-thirds of the open market financial and professional lines risks placed by 10 key brokers are being transacted via Placement Platform Limited (PPL), the project's chairman David Ledger has told The Insurance Insider.

Bernard Goyder, 07 February 2017
PPL to make adjustments after marine revolt

Placing Platform Limited (PPL) will introduce more radical changes to its insurance exchange software than originally planned, after a group of marine underwriters refused to take up the computer system in its current form.

Adam McNestrie, 07 February 2017
CNA expense ratio a ‘competitive disadvantage’: Robusto

CNA Hardy's comparatively high expense ratio compared to its peers is putting the company at a "competitive disadvantage", according to recently appointed CEO Dino Robusto.

Matthew Neill, 07 February 2017
Lord, digitise my iniquities

I was a tech pioneer once.

Mark Geoghegan, 07 February 2017
Earnings top forecasts as reserve focus grows

Most Bermudian and US carriers outperformed Wall Street consensus estimates in the fourth quarter, despite fresh evidence of reserving challenges and early indications of more differentiated performance in the face of deteriorating conditions.

Iulia Ciutina, 07 February 2017

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