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PRA could allow interim capital additions after $200bn loss
The UK Prudential Regulation Authority (PRA) could permit "back of a fag packet" capital add-ons to allow carriers time to properly adjust their Solvency II internal models following a market-changing event, according to director of general insurance Chris Moulder
Catrin Shi
,
31 January 2017
FCA launches London ILS consultation
The UK Financial Conduct Authority (FCA) has opened a consultation on regulatory proposals for the forthcoming London insurance linked securities (ILS) market.
Matthew Neill
,
31 January 2017
The Insider 50
Share price data on The Insurance Insider's universe of P&C (re)insurers
31 January 2017
Insider 50 ends January well
The Insurance Insider's index of 50 companies in the P&C (re)insurance industry went up by 1.4 percent last week to 1,040.3.
Iulia Ciutina
,
31 January 2017
More softening seen in 2017 amid oversupply: Wells Fargo
After sustained rate decreases last year, Wells Fargo has predicted that 2017 will again be a buyers' market in the US.
Dan Ascher
,
31 January 2017
Affordability study riles Federal Insurance Office foes
Rising frequency and severity in auto claims prompted US giant Travelers to raise rates and more increases are in the pipeline, in a trend evident across car insurance in the P&C industry.
Ted Bunker
,
31 January 2017
Pemex and insurers settle claim for $650mn
Pemex and its insurers have settled a claim relating to an April 2015 platform fire for $650mn, bringing the loss in just below the reserve currently held by the market, The Insurance Insider can reveal.
Adam McNestrie
,
31 January 2017
Insureds should lock in property rates with multi-year deals: Marsh
Insurance buyers should look to multi-year property cat deals to take advantage of the ongoing soft market, according to broker Marsh.
David Bull
,
31 January 2017
Auto liability remains the most challenging casualty line: Marsh
Auto liability continues to be the most challenging risk to place in the US primary and excess casualty markets, according to broker Marsh.
David Bull
,
31 January 2017
Validus crop acquisition finds favour with analysts
Validus' acquisition of Crop Risk Services (CRS) from Archer Daniels Midland for $127.5mn has garnered broadly positive reactions from equity analysts.
Iulia Ciutina
,
31 January 2017
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