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Cameron lobbies to sue Liberty over Deepwater denial

The manufacturer of a blowout preventer used on the Deepwater Horizon oil rig has asked the Texas Supreme Court for permission to sue Liberty Insurance Underwriters (LIU) after the carrier failed to pay its portion of a $250mn settlement.

Dan Ascher, 18 January 2016
ABIR responds to Clinton’s swipe at Bermuda

The Association of Bermuda Insurers and Reinsurers (ABIR) has responded to criticism from US Democratic presidential hopeful Hillary Clinton over a perceived taxation loophole in Bermuda.

Winifred Okocha, 18 January 2016
ABI prioritises flood efforts in 2016

The Association of British Insurers (ABI) has said the role that its membership plays with dealing with floods in the UK is one of its key areas of focus for 2016.

Winifred Okocha, 18 January 2016
Loss landscape to change amid ‘Industry 4.0’

The insurance sector could see a shift towards low-frequency, high-severity losses as global industries become increasingly interconnected, according to Allianz Global Corporate & Specialty (AGCS).

Catrin Shi, 18 January 2016
Asset risk to come under spotlight if macro-pressures grow: Bernstein

Investors will increasingly focus on asset risk in the insurance sector if macro-pressures continue to rise, according to Bernstein analysts.

David Bull, 18 January 2016
S&P unconcerned about US P&C pricing pressures

Nominal GDP growth will start to outpace direct written premium (DWP) expansion in the US P&C market this year as softening prices take a toll on the top line for insurers, according to Standard & Poor's (S&P).

David Bull, 18 January 2016
Aviation reductions continue as market runs a loss in 2015

The airline insurance market ran at a loss last year with claims outstripping premiums generated, according to JLT.

Charlie Thomas, 18 January 2016
Pricing pressures set to dominate P&C earnings season: analysts

Analysts have warned investors to expect further evidence of weaker pricing and investment income headwinds when the P&C sector reporting season gets underway later this week.

David Bull, 18 January 2016
Sidecar returns still in double digits

Returns from reinsurer sidecars are showing signs of softening but investors are still deriving double-digit results on average as these vehicles have avoided major catastrophe claims.

Fiona Robertson, 18 January 2016
XL expands Catlin aggregate to $1.5bn

XL expanded an aggregate retro programme formerly placed by Catlin during the January renewals in what sources described as the biggest ever retro programme, sister publication Trading Risk has reported

Fiona Robertson, 18 January 2016

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