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Marine reinsurers add volume despite loss activity

Rates in the marine reinsurance market continued to retreat at 1 January despite a significant increase in loss activity in 2016.

Adam McNestrie, 17 January 2017
US contemplates alternatives to fund terror risk cover

The US Government Accounting Office (GAO) has provided lawmakers with a detailed examination of two ways in which insurers might be required or at least encouraged to finance the federal Terrorism Risk Insurance Act (Tria).

Ted Bunker, 17 January 2017
USI sale price represents 12x multiple

The $4bn price tag Onex has pinned on its up-for-sale US insurance broker USI represents a near 12x multiple of the intermediary's Ebitda.

Dan Ascher, 17 January 2017
Argo and Swiss Re take on Brownstone programmes

Argo and Swiss Re have replaced Aspen as underwriters of Brownstone programme business in New York and Massachusetts

David Bull, 17 January 2017
Argenta valuation to defy gravity as sale nears

Argenta looks set to confound expectations of narrowing sale multiples for Lloyd's businesses if it can get a deal with one of its final-round bidders over the line

Adam McNestrie, 17 January 2017
Lloyd’s chairman choice continues to face delays

The search for the next Lloyd's chairman, which was due to conclude in mid-December, has been delayed further and it could be March before a decision is made on John Nelson's successor, The Insurance Insider has learned

Adam McNestrie, 17 January 2017
Generali legacy sale points to efficiency drive

Generali's push to remove EUR300-EUR400mn ($318mn-$424mn) of old US casualty liabilities from its balance sheet is indicative of a wider trend of carriers examining their back books in order to achieve higher operational efficiency

Catrin Shi, 17 January 2017
Insider View: Noreco energy claim

The news that a thinly reserved construction claim from 2009 - Noreco - could now cost energy insurers hundreds of millions of dollars will push the upstream market just that little closer to breaking point

Adam McNestrie, 17 January 2017
The broking Jengameisters

The popular block-balancing game Jenga is a great way of instilling an understanding of risk management in young and old alike

Mark Geoghegan, 17 January 2017
Insured losses reached $54bn in 2016: Aon Benfield

Global insured losses climbed to $54bn in 2016 as the industry suffered its sixth worst loss year of all time, according to Aon Benfield.

17 January 2017

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