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ArgoGlobal enters livestock market
Lloyd's carrier ArgoGlobal has appointed Louisa Honeybun from MS Amlin as a senior underwriter to lead its new livestock business.
Catrin Shi
,
11 October 2016
The Insider 30
Share price data on The Insurance Insider's universe of P&C (re)insurers
11 October 2016
Endurance surges
Endurance stole the headlines last week after announcing that it had agreed a $6.3bn deal to be acquired by Sompo Holdings.
Dan Ascher
,
11 October 2016
Analysts expect Q3s to outperform forecasts
With few large losses (re)insurers could beat results expectations in the third quarter, although the market will be viewing the below-budget losses in the context of a Matthew-impacted fourth quarter, according to equities analysts.
Dan Ascher
,
11 October 2016
Heritage drops Matthew loss estimate to $100mn
Floridian insurer Heritage said that latest modelled estimates showed its Hurricane Matthew losses would fall under $100mn, after previously saying the carrier could take $500mn of claims from the storm.
11 October 2016
LMG chairman calls for support for regulators
The London market should reciprocate the support given to it by UK regulators, according to Nicolas Aubert, chairman of the London Market Group (LMG).
Winifred Okocha
,
11 October 2016
Tide of Chinese money held back by regulatory delays
A formidable pipeline of Chinese reinsurance start-ups is being held in check by the lengthy approval process imposed by the China Insurance Regulatory Commission (CIRC).
Adam McNestrie
,
11 October 2016
News digest
Sirius loses senior Lloyd's execs; Haugh to leave Aspen Insurance; Heritage Matthew loss below $100mn; ArgoGlobal enters livestock; Catalina completes AGF buy…
Winifred Okocha
,
11 October 2016
Matthew draws ‘livecat’ trading volumes
"Livecat" trading of industry loss warranties (ILWs) ahead of Hurricane Matthew could have topped $100mn of volume, sources told sister title Trading Risk, making it the most active "livecat" market since Superstorm Sandy.
Fiona Robertson
,
11 October 2016
Endurance deal ramps up Sompo ILS platform
Sompo's acquisition of Endurance will give it a bigger foothold in the insurance-linked securities (ILS) management business, according to half-year 2016 records from sister publication Trading Risk
Fiona Robertson
,
11 October 2016
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