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  • Total return reinsurers continue to strive for profits
    Total return reinsurers' struggle to achieve profit on both underwriting and investment continued from 2015 into the first quarter of 2016, with only one carrier generating profits on both sides of the balance sheet.
    11 July 2016
  • Validus retains Citizens premium amid cuts
    Validus leapfrogged Nephila to become the largest reinsurance provider for Florida Citizens Property Insurance in 2016, as the state-backed carrier restructured its traditional programme.
    11 July 2016
  • Brexit and regulation dominate MGAA conference
    Regulatory demands and the influence of Brexit dominated the sector conference for managing general agents (MGAs) last week, as delegates debated the market's future direction.
    11 July 2016
  • Enstar US CFO departs
    Tom Nichols, CFO of Enstar's US operations, has left the company, The Insurance Insider understands.
    11 July 2016
  • Berkley Re lures Staisch from Aspen
    Berkley Re UK has hired casualty treaty reinsurance underwriter Ivonne Staisch from Aspen, The Insurance Insider understands.
    11 July 2016
  • PPL begins electronic placement rollout
    Placing Platform Limited (PPL) has today (11 July) gone live with its electronic placing technology for terrorism risks in the London market.
    11 July 2016
  • Softening in aviation market finally slows: JLT
    The aviation market experienced a slowdown in rate reductions during the second quarter as underwriters began to adopt a more selective underwriting approach and focus on limiting portfolio losses in response to seemingly perpetual rate softening.
    11 July 2016
  • News digest
    Fairfax acquires Zurich South Africa; Swiss Re Corporate Solutions names China head; French insurance trade bodies merge; Comparethemarket owner prepares IPO; ARC names CEO; Markel enters marine equipment market; Talbot names Australian underwriting head; Lancashire names NED; Heritage withdraws rate rise request; Prime Risk acquires ONI; Axa to divest Serbian business; Worst Q1 for US P&C since 2011: AM Best; AM Best affirms AmTrust ratings; Aran subsidiary named Lloyd's coverholder; Marsh names vi
    11 July 2016
  • Canadian wildfires burn through reinsurance retentions
    Reinsurers will face a loss figure in the billions of dollars from the wildfires that tore through northern Alberta in May, which have been named the costliest insured natural disaster in Canadian history.
    11 July 2016
  • Cyber carriers use Aon Carrier Link for growth
    Two London-based cyber carriers have signed up to Aon Carrier Link for Lloyd's in a bid to grow their books outside of the City, The Insurance Insider understands.
    11 July 2016
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