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Low cat losses lead to increased Q3 estimates

Benign catastrophe losses in the third quarter are encouraging analysts to increase their earnings per share (EPS) estimates for P&C carriers.

Catrin Shi, 18 October 2016
Cat bonds spring back after Matthew scare

The Swiss Re cat bond index rose 1.57 percent to reach 95.53 points on 14 October, clawing back the value that was lost while Hurricane Matthew made its way up the Florida coastline.

Lucy Jones, 18 October 2016
London MGA boom best answer to InsurTech challenge

The proliferation of managing general underwriter businesses looking to enable and incubate smaller entrepreneurial underwriting outfits are the best chance that London has to rise to the cultural challenge posed by the current boom in insurance technology investment.

Mark Geoghegan, 18 October 2016
Beazley energy head Holmes leaves

Beazley's head of energy Matthew Holmes has left the company, The Insurance Insider has learned.

Adam McNestrie, 18 October 2016
News digest

BP Marsh profits rise; Typhoon Sarika makes landfall; Amwins investment; Irdai shelves mandatory listing; Gable in administration; Lemonade taps Liberty; Hamilton USA COO…

Matthew Neill, 18 October 2016
Downstream carriers on notice for BASF loss

An explosion at one of BASF's major chemical plants in Germany on 17 October could result in a loss for the downstream energy market.

Charlie Thomas, 18 October 2016
Energy market shift inevitable: Willis

Willis Towers Watson has claimed it is "a question of when, not if" a long-term change occurs in the energy market, as rates continue to fall.

Matthew Neill, 18 October 2016
Foo Fighters settle suit with Lloyd’s carriers and broker

US rock band the Foo Fighters has agreed to settle its suit with entertainment insurance broker Robertson Taylor and a number of Lloyd's insurers for an undisclosed sum.

Charlie Thomas, 18 October 2016
Samsung uninsured for mobile phone recall

Samsung has no product recall cover in place for the faulty batteries in its Galaxy Note 7 phones, which look set to cost the South Korean technology giant $2.3bn.

Charlie Thomas, 18 October 2016
Bermuda shrugs off Nicole with slight insured losses

Bermuda was left sodden but largely intact following its encounter with Hurricane Nicole late last week, with insured losses expected to be relatively slight, despite 120mph winds.

Ted Bunker, 18 October 2016

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