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  • Run-off specialist Catalina has clinched a deal to reinsure a $200mn book of legacy marine business written by Belgo-Dutch composite insurer Delta Lloyd.
  • Republicans on the House Financial Services Committee have proposed a draft bill that would renew the Terrorism Risk Insurance Act (Tria) for only three years and increase the insurance industry's contribution.
  • Small general insurers tend to neglect the actuarial requirements of the European Union's new Solvency II capital regime, and some run the risk of missing the 1 January 2016 implementation deadline as a result, according to actuarial consultants OAC.
  • The annualised operating return on equity (RoE) for The Insurance Insider's Bermuda peer group fell 80 basis points on average to 11.6 percent during the first quarter of 2014, after margins came under pressure for more than half of our composite.
  • In part one of our Bermuda Q1 analysis, The Insurance Insider's Data Room examines the key trends in top and bottom-line improvement, with an in-depth analysis of premium growth and operating return on equity during the first quarter of 2014
  • Following on from our lead article ("Ugly rating environment spreads well beyond cat"), The Insurance Insider chronicles the effects of record capital levels across classes of global specialty (re)insurance
  • The Texas Windstorm Insurance Association (TWIA)'s board of directors has approved plans to include a cat bond in its 2014 reinsurance programme as it plans to seek aggregate cover, following the example set by states such as Florida and North Carolina.
  • Allstate will seek to add another $150mn to its cat bond reinsurance protection through a Florida indemnity deal after raising $750mn from its Sanders Re issuance, sister publication Trading Risk revealed last week.
  • The influx of capacity from capital markets into the reinsurance sector could almost double to $87bn within the next five years without the need for new investment or proportionate allocations, according to Mike Millette, global head of structured finance at Goldman Sachs.
  • Florida private cat bonds continue ahead of 1 June renewal season...