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  • PA market faces $35mn baseball claim; Vibe picks up Navigators' North American D&F book; Fairfax talks to Omers on Allied; Willis Towers Watson Asia duo departs; Pryce appointed to Lloyd's Franchise Board; Icat and Neon team up on D&F; Brit expands sidecar
  • Analysts warned of higher-than-expected catastrophe losses from P&C (re)insurers in Q4, as XL Group disclosed its own $245mn net cat loss for the period.
  • Dale Willetts, head of accident and health (A&H) and special risks at AmTrust at Lloyd's Syndicate 1861, has left the company to join Endurance, The Insurance Insider understands.
  • For many reinsurers US casualty was a safe harbour in a sea of disappointment at the 1 January renewals.
  • It is one of life's great paradoxes is that the older and more mature someone gets, the more irrational they become.
  • Growing interest in multi-line aggregate covers translated into fresh or expanded placements at 1 January by cedants such as XL Catlin and AIG, The Insurance Insider can reveal.
  • A brief examination of the 1 January reinsurance renewal could be misread as an incrementally positive step in the recovery of underwriters from their soft market ills.
  • Reinsurers are preparing to dig in for two or three years of deteriorating results, as the 1 January renewals look set to mark the last meaningful erosion of rates following years of significant compound reductions.
  • The UK data protection regulator has fined RSA £150,000 ($182,943) following the 2015 theft of a hard drive containing 60,000 customers' names and bank account details from an RSA building.
  • Estimated Floridian insured losses from Hurricane Matthew have risen over 10 percent to $803mn, according to the Florida Office of Insurance Regulation.