September 2015/4

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

Bob Stuchbery will step down from his role as Chaucer CEO to become president of international operations at parent company The Hanover, The Insurance Insider can reveal.

P&C (re)insurance stocks traded up last week as The Insider 30 climbed 0.98 percent on average.

A new US advisory committee has been established in a bid to encourage participation from the private market in writing US terrorism cover.

An amendment to the Insurance Act could leave insurers on the hook for damages if they fail to pay a claim promptly.

The European insurance watchdog has declared that carriers in countries with Solvency II equivalence must be subject to the highest capital requirements in order to create parity with other international regimes.

The formal commitment to electronic insurance placement through the Placing Platform Limited (PPL) platform is the latest development in the journey towards market modernisation.

The International Underwriting Association (IUA) has added to the chorus of support for the e-placement commitment announced last week at the London Market Group (LMG) forum.

The relative outperformance of US specialty carriers will continue to draw the attention of other insurers and investors looking to build a presence in the segment, according to Standard & Poor's (S&P).

The news last week of Zurich's US commercial auto reserve charge has again shone the spotlight on a line of business that has proved troublesome for insurers

Bermudian retro specialist CatCo Investment Management is considering fundraising options to expand its January 2016 portfolio.

Reinsurance M&A could benefit insurance-linked securities (ILS) funds as larger carriers will be keen to reduce counterparty credit risk, two fund managers have told sister title Trading Risk.