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Everest fights Rockhill’s attempt to spike poaching suit

Everest National has fought back against a bid by Rockhill to have a poaching case, which alleges piracy and a conspiracy to steal trade secrets, dismissed by a US court.

Dan Ascher, 08 November 2016
Alliant faces price fixing allegations

Alliant has again found itself in the US courts in relation to its aggressive expansion strategy, with the California-based intermediary accused of risking price fixing allegations and breaching antitrust laws.

Dan Ascher, 08 November 2016
AOB divides Florida carriers’ Q3 fortunes

With only Heritage left to report, the third quarter earnings season for Florida's publicly traded insurers has provided further evidence of diverging loss experience driven by the assignment of benefits (AOB) crisis.

David Bull, 08 November 2016
Reinsurance brokers struggle to placate growth concerns

Reinsurance brokers offered few concrete answers to questions on how they planned to spur growth, after revealing Q3 organic growth figures that disappointed some analysts.

Ted Bunker, 08 November 2016
Top-end Matthew estimates creep to $1.6bn

Carriers' top-end loss estimates from Hurricane Matthew have now surpassed $1.6bn, after AIG disclosed the largest single loss to date in its Q3 earnings.

Catrin Shi, 08 November 2016
Bermudian returns rise in Q3

Bermudian carriers benefited from another relatively benign quarter for cat losses as well as higher investment yields, which allowed operating returns to rise in spite of the challenging market environment.

Iulia Ciutina, 08 November 2016
Underwriting margins widen for Bermudians

The Insurance Insider's Bermuda composite reported a lower year-on-year combined ratio of 90.1 percent in Q3, the first quarterly improvement in the past year and a half.

Iulia Ciutina, 08 November 2016
Bermuda top line growth decelerates in Q3

Top-line expansion slowed down for Bermudian carriers during the third quarter, as both the insurance and reinsurance books registered low single-digit growth.

Iulia Ciutina, 08 November 2016
Expenses on track as AIG continues to shrink

AIG is ahead of its planned 6 percent general operating expense reduction target for 2016, the insurer's CFO Sid Sankaran told investors last week.

David Bull, 08 November 2016
AIG recovery setback leaves analysts on the fence

The jury is still out on AIG after a third quarter that included a setback in the underwriting performance of its core commercial insurance business, but progress on expense reductions, divestments and capital repatriation.

David Bull, 08 November 2016

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