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  • Capital repatriation among Lloyd's carriers totalled approximately £600mn last year, after the majority of the group declared special dividend distributions alongside strong 2013 earnings.
  • The listed Lloyd's carriers delivered a sub-90 percent combined ratio for 2013 after catastrophe losses dived and reserve releases trimmed loss ratios even more than in 2012.
  • Top-line growth for the listed Lloyd's companies was almost 40 percent lower in 2013 than in 2012 as rate reductions started to register and the battle for signings intensified.
  • The listed Lloyd's carriers produced their strongest returns since 2013 as modest catastrophe losses were married to a broadly lighter attritional loss ratio and reserve releases that continued to resist gravity.
  • American Financial Group (AFG) has fired back at Alan Spachman with a counter action to have the National Interstate founder and director's motion for a temporary restraining order and preliminary injunction against its tender offer for the insurer denied.
  • Some reinsurers could be haunted by their decision to loosen terms around the hours clause at the 1 January renewal after the lengthy cold spell that hit the US.
  • Struggling US carrier Meadowbrook Insurance Group has received informal takeover approaches from New York-listed rivals Navigators and AmTrust in a sign that efforts to sell the company have been stepped up, The Insurance Insider has learned.
  • The Middle East and North African (MENA) insurance sector is expecting increased take-up of insurance and a steadying of commercial rates in 2014, according to the latest annual MENA Insurance Barometer market survey released by the Qatar Financial Centre Authority (QFCA) today (10 March).
  • The offshore energy insurance market has continued to soften in the high volume first quarter, with some sources talking about an intensification of the drop in rates seen in Q4.
  • Ascot loses head of offshore; Endurance hires new head of offshore from Hiscox; Chris White to launch new energy account at Barbican