• ILS financial markets

    It’s more than just price pushing insureds to capital markets


    A group of senior risk managers and insurance buyers have threatened to leave traditional insurance markets if the available coverage does not adapt to reflect changes in how businesses operate.

  • lloyds-runners-and-riders-adjust

    The 18 frontrunners to replace Inga Beale


    Following the announcement on Friday that Lloyd’s CEO Inga Beale will leave the Corporation later this year, looks at the likely candidates that will be considered by the Corporation’s chairman Bruce Carnegie-Brown to succeed her…

  • largest insured cyber events

    Merck $275mn loss tops league table of insured cyber events

    2018-06-27T16:51:00Z’s revelation earlier this week that Merck may still look to recoup hundreds of millions of dollars of cyber losses from insurers on its $1.75bn property program would see the bill for the US pharmaceutical firm’s NotPetya hit dwarf any other insured cyber loss.

  • Snip20180622_2

    AmTrust: The Winners and Losers


    After weeks of wrangling and looming uncertainty about whether or not it would get over the line, AmTrust’s CEO and his wife’s family have finally won out in their bid to take the firm private in a $2.95bn deal with Stone Point which has faced substantial opposition from activist and minority

  • 2016 2017 investment returns for pand c reinsurers

    Rising yield rates make short-term dent on Q1 carrier earnings


    If one of the main themes of the recent results season was the signs of upward rate movements after last year’s cat events, a sub-theme was the typically poor investment return of many carriers and the impact of rising interest rates on fixed income portfolios in Q1 2018.

  • Notable-private-equity-stakes-in-London-market

    PE interest in London brokers blooms again despite challenges


    JC Flowers’ acquisition of niche London market brokers SSL and Endeavour marks a growing trend of private equity firms purchasing stakes in distributors, with a particular flurry of activity sweeping the London market.

  • Warren buffett 900

    Berkshire Hathaway’s return to insurance profit outshines equity loss


    It is never nice to post a $6.2bn loss in your equity portfolio in one quarter - least of all when you are Berkshire Hathaway, the company famous for its stock picking boss - but that load looks a little lighter when your (re)insurance operations return to profitability and it dawns that the loss

  • US, Hurricane

    Reinsurers fail to secure meaningful Florida rate hikes


    Talk of meaningful reinsurance rate hikes for Florida business appear to have resulted in very little actual movement in price as details of the key 1.6 renewal start to emerge.

  • carriers-graph-amended-30.04.18

    US and Bermuda carriers strong out of the blocks for Q1


    Early reporting US and Bermudian (re)insurers have posted a strong underwriting performance for the first quarter despite a spate of catastrophes across North America which have blighted the results of several outliers.

  • aspen v axis lead image

    Looking at the wrong A?


    With Aspen first round bids due at the end of this week, looks at its larger Bermudian peer Axis which has a more credible track record, trades on a lower multiple and owns a better insurance franchise.