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Death of the property cat reinsurer?
The onslaught from the capital markets on the property cat sector has reopened the debate about the future for reinsurers with a heavy focus on this line of business.
28 October 2013
Property reinsurers seek sanctuary in US regional sector
As US property reinsurance executives recover from the rigours of the pre-1 January industry gatherings, the attention shifts to executing on renewals that promise to see underwriters scrambling for position and brokers pushing the boundaries of a buyer's market.
28 October 2013
Bonfire of terms and conditions as reinsurers feel the heat
Reinsurers fighting the double squeeze of capital markets competition in the property cat space and reduced demand in casualty reinsurance markets are responding by offering broader coverage on looser terms and conditions, according to market sources.
28 October 2013
Improved rates and light cat losses drive Q3 earnings beat
US commercial insurers have reported expanding underwriting margins in their third quarter results as improved rates and a benign quarter for catastrophe losses have had a broadly positive impact on earnings
28 October 2013
Carriers extend discipline into third quarter
Early data points from the third quarter reporting season suggest that commercial insurance price rises remained stable, despite some signs of the start of a moderation. The Insurance Insider compares all the early reporters...
28 October 2013
(Re)insurers back on M&A trail
International (re)insurers are once again hunting for acquisitions, with seven out of 10 firms planning a deal over the next three years, according to a survey by consultancy firm Towers Watson.
28 October 2013
Fresh bid speculation lifts RSA
Shares in RSA spiked last week amid press reports that the UK's top commercial insurer is the subject of takeover interest from leading continental European rivals.
28 October 2013
Antares sale process set to heat up
The auction of Lloyd's insurer Antares is about to heat up, with Evercore officially appointed to handle the sale and the investor memorandum due out shortly
28 October 2013
Perro Negro oil rig loss to weigh on Lancashire Q3
A bigger-than-expected claim from the loss of the Perro Negro oil rig may weigh on London-listed (re)insurer Lancashire's third quarter results next week
28 October 2013
Lightyear Capital selling P&C underwriting interests
Seasoned P&C insurance investor Lightyear Capital is continuing to reduce its exposure to the sector by mulling the sale of its majority stake in Houston International Insurance Group
28 October 2013
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