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Bulk of Everest E&S property team decamp to Rockhill

A team of up to 14 property underwriting executives have followed Tracy Upton from Everest National to Rockhill Insurance Group, The Insurance Insider can reveal.

David Bull, 27 September 2016
Mutual premiums grew 3.1% in 2015: AM Best

Mutual insurers in the P&C space reported only "moderate" growth in net written premium (NWP) last year, according to a report from rating agency AM Best.

Dan Ascher, 27 September 2016
Lloyd’s feels underwriting margin crunch

An investment-driven increase in pre-tax profits in the first half of 2016 could not mask the mounting challenges for the Lloyd's market, as underwriting profits crashed and rates continued to deteriorate.

Iulia Ciutina, 27 September 2016
Brit looks for flexibility with second syndicate

Flexibility was the main reason behind Brit establishing a Names capital-backed syndicate, according to the carrier's group deputy CEO.

Winifred Okocha, 27 September 2016
Insider View: Blenheim is Lloyd’s-only capacity

Peter Scales' start-up is not without its detractors, and this publication published an opinion piece last week exploring the question of what value a new start-up can add to the market at this stage of the cycle without a transfer book.

Adam McNestrie, 27 September 2016
Scales prepares for soft market launch

Peter Scales' start-up Blenheim is set to launch at 1 January amidst the most challenging market conditions seen in Lloyd's since the late 1990s, with the market running normalised combined ratios above 100 percent.

Adam McNestrie, 27 September 2016
The Hartford climbs on possible Talcott sale

Shares in The Hartford climbed 2.3 percent last week following The Insurance Insider's revelation that it was seeking a buyer for its $4.7bn variable annuity business.

Dan Ascher, 27 September 2016
JLT holds out on PPL

JLT is the only major London-based broker not to sign up to electronic trading system Placing Platform Limited (PPL), The Insurance Insider understands.

Catrin Shi, 27 September 2016
Property D&F market faces $250mn-$400mn Gap loss

A fire at a warehouse belonging to US retailer Gap could generate a loss of $250mn-$400mn for the property direct and facultative (D&F) market, The Insurance Insider can reveal.

Adam McNestrie, 27 September 2016
CRC launches all risk and cat facility with V3

Wholesale broker CRC has launched a new exclusive nationwide all risk and catastrophe facility underwritten by specialty managing general agency (MGA) V3 Insurance Partners, The Insurance Insider can reveal.

David Bull, 27 September 2016

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