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Overcapacity drives up to 20% US commercial property rate cuts
Significant overcapacity in the US large account commercial property insurance market from incumbents and new entrants is driving down rates by up to 20 percent at renewal, The Insurance Insider can reveal.
19 May 2014
The Insider 30
A look-up table for The Insurance Insider's universe of P&C (re)insurers
19 May 2014
Enstar climbs while Lancashire falls further
Shares in live-to-legacy player Enstar climbed 5.13 percent last week following a three-fold surge in its reported first quarter profit to $29.6mn.
19 May 2014
ABI rebuffs claims of ‘dirty deal’ over Mesothelioma Act
The Association of British Insurers (ABI) has rebuffed claims that the industry was involved in a "dirty deal" with the government over changes to the Mesothelioma Act, which came into force earlier this year.
19 May 2014
Stalemate continues in $765mn American football dispute
The industry's multi-million dollar liability to American football players' concussion injuries remains unresolved four months after a US court rejected a $765mn settlement offer.
19 May 2014
Infrassure boosted in Allianz Russia dispute
Recently downgraded Swiss engineering (re)insurer Infrassure has been granted a stay by the Swiss Supreme Court in its long-running Russia dispute against Allianz
19 May 2014
US government should follow states’ lead on risk transfer
The US government should look at successful state level initiatives to find ways of offloading risk to the private markets, according to panelists at The Insurance Insider's InsiderScope event in New York earlier this month
19 May 2014
Aerospace sector still softening: Aon
Aerospace rates continued to fall in the first quarter of 2014, with premium dropping by an average of 5 percent in reporting currency for 2013/14 programmes, according to Aon
19 May 2014
Softer prices stall top-line growth for global reinsurers
Softening market conditions pressured top-line growth for global P&C reinsurers in the first quarter of 2014, according to analysis by The Insurance Insider's Data Room.
19 May 2014
Underwriting profitability slips at global reinsurers
Global reinsurers' underwriting performance deteriorated modestly in the first three months of 2014, as combined ratios across the group widened following a period of softening rates
19 May 2014
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