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  • Munich Re benefited from strong investor demand on the cat bond market as it was able to cut the premium on its latest deal by 12.5 percent during the marketing process, sister publication Trading Risk reported last week
  • Collateralised reinsurers and insurance-linked securities investors captured 12 percent more premium from the top 10 Florida carriers in 2015 than in 2014, according to data collected by sister publication Trading Risk
  • African commercial lines rates are struggling to improve as excess capacity and competition continues to impact profitability in the region
  • Most global reinsurers shrank their P&C reinsurance underwriting books as they battled tough market conditions in the first quarter of 2016
  • Global reinsurers reported a deteriorating underwriting performance in their P&C reinsurance arms during the first quarter compared to the prior-year period, as increased expenses, lower reserve releases and higher underlying loss ratios affected results.
  • Operating returns for The Insurance Insider's Bermuda composite declined considerably in the first quarter of 2016, as both underwriting and investment income failed to match last year's performance.
  • Qatar Insurance Company (QIC) subsidiary Antares has moved closer to launching on Lloyd's China platform, with plans now in place to begin underwriting on 1 January.
  • The contingency team at top-quartile Lloyd's managing agency Aegis has defected to London-headquartered managing general agent White Oak, The Insurance Insider understands.
  • Clients dislike the recent trend of M&A activity that has reduced the number of carriers, according to Berkshire Hathaway Specialty Insurance executive vice president David Bresnahan.
  • Aetna exec takes CEO role at The Hanover; Compre restructures; Fidelis appoints CIO; S&P: reinsurers to pick up at least 50% of wildfire losses; RFIB launches Americas business; Fitch: Brexit scenario impact uncertain; XL Catlin hires Newick; RMS opens Florida office; PwC issues casualty reserves warning; RSA appoints underwriting director; AM Best affirms PartnerRe after review; XL Catlin announces $1bn share buyback; $460mn Chinese reinsurer in pipeline; Validus COO to lead US MGU; MPL profitabili