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  • Inevitably, one of the sub-themes at Baden-Baden was the further delay to the implementation of the proposed European capital regime Solvency II.
  • Allied World has settled its dispute with wholesale broker Southwest Risk over two US commercial property placements that soured, according to a statement from the broker
  • Specialist cat writer ICAT is restructuring its reinsurance programme in a move that demonstrates the changes in buying habits in response to Solvency II, as well as the appetite of collateralised capacity and model changes
  • European and international casualty will be one of the main battleground classes for the Lloyd's market at the upcoming 1 January renewals, according to director of performance management Tom Bolt.
  • Low interest rates will keep reinsurance prices stable in 2013, claimed European reinsurers. Brokers are publicly cautious, privately sceptical
  • This week sees the passing of the renewals baton from Europe across the Atlantic to the west coast of the US
  • As (re)insurers report their third quarter results, the prevalent themes include the absence of the large catastrophe losses that marred last year's results and the continuing strong improvements in US commercial rates.
  • Any fears that the US P&C rate increases seen in the first half of 2012 were slowing down have been scotched by strong results from (re)insurers, as a light cat season and reserve releases have more than offset sluggish investment returns.
  • The resurgent American International Group (AIG) is undertaking a significant consolidation of its property per risk reinsurance by buying a single $1.5bn global treaty, further demonstrating the trend of major insurers streamlining their own risk transfer
  • The north-eastern US is on hurricane standby as Sandy heads towards the coastline, drawing comparisons with Hurricane Irene one year after that storm caused $4.3bn in insured losses