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  • A mere five years after the collapse of Lehman Brothers and the effective closure of the capital markets, P&C reinsurers are being repeatedly warned to either adapt to the alternative capital influx or face becoming irrelevant
  • Property cat remains the single most testing tail risk for (re)insurers despite the emergence of new exposures such as cyber liability, according to General Re CEO Tad Montross.
  • Aon Benfield has fought off competition from Guy Carpenter and Willis Re to hold onto prize catastrophe reinsurance account Suncorp, The Insurance Insider revealed last week.
  • Liberty Mutual has brought part of its catastrophe reinsurance programme to the market early, in the latest example of a cedant attempting to lock in softening cat rates.
  • AmTrust Financial continues to divide opinion among the analyst community, with JMP Securities' Matt Carletti defending the firm after recent concerns from bears and short sellers.
  • Willis Re has reshuffled the senior management at its Global Specialty business in a move aimed at growing the division under new recruit Graeme Moore.
  • Sompo Re is looking to establish an underwriting platform in Zurich, sources have told The Insurance Insider.
  • Under-fire (re)insurer Tower Group is examining its strategic options as it seeks to recover from an embarrassing post-merger reserve charge.
  • Airline insurance rates continued to fall in the summer and are still showing no signs of levelling out despite a recent modest increase in loss activity, according to broker Jardine Lloyd Thompson Group
  • The unrated insurer Berliner Versicherung may not have been licensed to sell UK professional indemnity (PI) insurance, according to the UK watchdog's financial services register.