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SII equivalence for Bermuda goes live

Bermuda's (re)insurance industry is now officially compliant with the European Union's Solvency II regulatory regime.

Winifred Okocha, 29 March 2016
New law will remove ‘draconian’ warranties rule

The UK's Insurance Act will mark a victory against the "draconian" laws surrounding the breach of warranties rule, according to 7KBW barrister Harry Wright.

Matthew Neill, 29 March 2016
Eiopa builds framework for low interest rate world

The European Insurance and Occupational Pensions Authority (Eiopa) is working on a framework designed to help insurers manage the risks presented by today's low interest rate environment.

Charlie Thomas, 29 March 2016
Florida stocks ‘attractive’ after sell-off: Janney

The publicly traded Florida homeowners' sector looks attractive again for potential investors after a significant sell-off in recent months, according to Janney Capital analysts.

David Bull, 29 March 2016
BI losses dwarf energy property claims

Business interruption (BI) losses in the energy sector often outpace property claims, with the typical payout amounting to two or three times the cost of repairing underlying damage, a new report from Marsh has warned.

Dan Ascher, 29 March 2016
Lloyd's by segment

The Insurance Insider's class-by-class breakdown of Lloyd's 2015 annual results

Iulia Ciutina, 29 March 2016
Low oil price could fuel energy losses: Marsh

The sustained and perilously low global price for oil could lead to an increase in energy losses as suppliers cut back on health and safety spending, a new report from Marsh has warned.

Dan Ascher, 29 March 2016
Lloyd’s profits drop by 30% in 2015

Lloyd's profits plummeted by 29.6 percent year-on-year in 2015 from £3.01bn to £2.12bn, as reduced investment returns compressed the Corporation's bottom line alongside a weaker underwriting performance.

Iulia Ciutina, 29 March 2016
Lloyd’s 2013 return on capacity falls

The Lloyd's market produced a 8.95 percent return on capacity for the closed 2013 year of account (YoA), a drop of 3.4 percentage points on the return booked the previous year.

Catrin Shi, 29 March 2016
Mind the terror insurance gap, warns JLT

(Re)insurers must reinvent their terrorism policies to accommodate the changing nature of the threat if they are to continue to serve their clients' needs, according to international specialty broker JLT.

Charlie Thomas, 29 March 2016

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