September 2015/3

Share price data on The Insurance Insider's universe of P&C (re)insurers

P&C (re)insurance stocks edged down last week as The Insider 30 declined by 0.35 percent on average

The cost of managing looming regulatory changes is likely to hit reinsurers' bottom lines, according to Guy Carpenter.

The UK's Flood Re scheme could prove a waste of public money, according to the shadow minister for environment, food and rural affairs.

Firms creating cyber models must tackle the problem of aggregation, according to a senior figure in the cyber insurance market.

With the curtain drawn on another Monte Carlo Rendez-Vous, the sector's P&C equities analysts have issued their key takeaways from the conference.

Amtrak subsidiary Passenger Railroad Insurance has begun marketing a $200mn cat bond in what is only the second insurance-linked securities transaction to focus on storm surge risk, sister publication Trading Risk reported last week.

Global carrier Zurich will not renew its Lakeside Re cat bond when it matures at year-end, as it plans to shift the focus of its reinsurance buying away from regional covers and towards global protections.

Japanese insurers are facing a growing claims bill after heavy storm activity in the country during August and September led to severe flooding and landslides.

Guy Carpenter has hired a further five staff from Aon Benfield as it continues the aggressive build-out of its facultative reinsurance team, as the broker looks to double its revenues from fac reinsurance over the next five years.

Cyber hires; California fires; R&Q de-emption; Nuclear syndicate increases capacity; Halsband joins Drinker, Biddle & Reath; Cyber consortium launch; Aon's magnificent 7; AmTrust appoints Attwood; HK insurance watchdog...

The trend for soft treaty capacity to absorb business previously ceded to the facultative market is set to continue with a new fac facility being planned by global insurer Zurich, sister title Inside FAC reported today (21 September).