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Nationwide secures four-year traditional cat reinsurance
Major US mutual insurer Nationwide has successfully placed a tranche of cover on its traditional reinsurance programme with a four-year term, The Insurance Insider can reveal
10 June 2014
Endurance targets crop reinsurance with hires
Endurance has continued its hiring spree by bringing in two staff to underwrite an expanded book of agricultural reinsurance, The Insurance Insider can reveal...
10 June 2014
Quoting behaviour volatility returns at Florida renewal
A significantly widened spread around quoting behaviour was a strong characteristic of the Florida 1 June renewal, as underwriters demonstrated a broad range of pricing approaches to risks
10 June 2014
2014 hurricane outlook remains below average
Forecasters are predicting a below average Atlantic hurricane season this year, despite changing weather patterns prompting a slight increase in some estimates
10 June 2014
Digest
ING IPO; XIS hires; Endurance offer; New Hartford CEO; Aon change; Rates slow; AIG buyback; Sunshine State liquidated; Hamilton board; Catlin expands
10 June 2014
Cheap retro rides to Bermuda’s rescue
Bermudian reinsurers ceded a significantly higher proportion of their business to retro writers in the first quarter of 2014, thereby taking advantage of falling rates, an analysis of their recent results shows
10 June 2014
Marsh wins Pemex energy account
Marsh has been appointed as the broker for the main Pemex energy programme, taking over from Aon, which placed the account for the past decade, sister publication Inside FAC revealed.
10 June 2014
London CEOs miss out
Not one of the five CEOs in our Lloyd's composite breached the industry top 50 this year, despite an 11.9 percent uplift in total compensation to $21mn.
10 June 2014
Low cats push Global Re CEO compensation upward
The CEOs of Bermudian reinsurers trumped their European counterparts in 2013, while total composite-wide remuneration climbed by a third to reach $50mn amid a benign environment for catastrophes
10 June 2014
Battle of the brokers
Four out of six (re)insurance broking CEOs made it into the sector's top 50 last year, with both Greg Case of Aon and Dan Glaser of Marsh & McLennan Companies placed inside the top 10
10 June 2014
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