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  • The US commercial auto insurance market continues to present challenges to underwriting profitability for a number of carriers, despite sustained rate rises over the last three years
  • Operating income for the US P&C sector is expected to decline for 2014 as reduced underwriting profits were only partially offset by slightly higher net investment income
  • US and Bermudian reinsurers are expected to find it increasingly difficult to generate double-digit returns on equity (RoEs) as the sector's earnings succumb to market dynamics, according to AM Best
  • The international (re)insurance broking heavyweights reported a slowdown in organic growth in 2014 despite solid performance during the final quarter of the year
  • The healthy flow of reserve releases that has helped support the US P&C industry's underwriting results in recent years is expected to "slow considerably" in 2015, according to AM Best
  • Bermudian carriers reported an improved underwriting performance during the fourth quarter, as lighter catastrophes losses, better underlying loss experience and higher reserve releases pushed the group's combined ratio below the 90 percent mark
  • Strip out the low cat losses and reserve releases, and underwriting results weakened in the fourth quarter, analysis from The Insurance Insider's Data Room demonstrates
  • Former Infrassure CUO Colm Kelly has said that his new onshore energy underwriting unit at Pioneer will deploy capacity cautiously and will also look to move into the offshore energy market in future.
  • The rail property insurance market is likely to escape a loss from a Metro-North Railroad commuter train collision with a car as it will fall within a captive deductible, Inside FAC has reported.
  • An explosion on a floating production, storage and offloading unit (FPSO) owned by BW Offshore is likely to hit the Gard and Catlin-led London marine cover, sister title Inside FAC has reported.