Emirates towers in dubai at dawn

‘Alternative capital hasn’t tapped into Eastern Europe or MENA yet’: Aon

Cedants in Central and Eastern Europe, Middle East and North Africa are yet to fully embrace the burgeoning alternative capital markets, according to Aon’s Tomas Novotny

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MMC-JLT deal makes space for Holborn as top-10 reinsurance broker

MMC’s unexpected $5.6bn deal to acquire JLT, which will cement Marsh’s position as the world’s largest intermediary, will promote US broker Holborn into the number ten slot in Re-Insurance’s list of largest reinsurance brokers by revenue.

Trust-Re-sand

Trust Re downgrade the latest in shifting sands for Middle Eastern carriers

Trust Re’s downgrade this week below the critical AM Best A- threshold is the latest setback for Middle Eastern carriers in 2018. Re-Insurance tracks all the developments…

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GIC Re expands on back of Indian agri-re boom

The rapid growth in India’s agricultural insurance market means GIC Re is now responsible for the industry’s largest non-US agricultural reinsurance treaty with the firm experiencing a doubling of inwards gross premiums for the class in only one year.

Top-10-reinsurance-brokers-by-revenues-table

MMC-JLT deal makes space for Holborn as top-10 reinsurance broker

MMC’s unexpected $5.6bn deal to acquire JLT, which will cement Marsh’s position as the world’s largest intermediary, will promote US broker Holborn into the number ten slot in Re-Insurance’s list of largest reinsurance brokers by revenue.

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Underlying Lloyd’s H1 2018 CR stubbornly above 100%

The challenges faced by Lloyd’s head of underwriting Jon Hancock to restore Lime Street’s underwriting fortunes were highlighted last week when, on an underlying basis, it was revealed Lloyd’s syndicates lost money from underwriting in H1 2018 with an accident year combined ratio of 101.2 percent, analysis by  reveals.

Brexit

Brexit whitepaper presents 'worrying' challenge for brokers

As plans for mutual market recognition are thrown off the negotiating table, the market now has to make the most out of “enhanced equivalence”, a term not so easily defined by brokers

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Is Lloyd’s facing an existential crisis?

Industry sources question the Corporation’s ability to change as much as it needs to in order to maintain its relevance

John-Neal-&-Canegie-Brown-Lloyd's

Spotlight on Lloyd’s and its reform agenda

The focus is on Lloyd’s – and its new CEO-elect John Neal – at this year’s Rendez-Vous. But what the recent recruitment process also revealed was how chairman Bruce Carnegie-Brown expects to see positive change implemented in the market…

aon london office

Reinsurance brokers big and small find growth opportunities

Reinsurance intermediaries from across the size spectrum are continuing to find opportunities to grow as many buyers appear willing to look beyond the traditional giants of the sector for specific transactions.

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​Lockton latest retailer to add capital markets capability

Initially, it was sole preserve of the reinsurance intermediaries but now the large retail brokers are developing capital markets arms to cater for the growing appetite of ILS investors to have access to primary insurance risk.

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Carnegie-Brown: Six requirements for next Lloyd’s CEO

Those who care about Lloyd’s are assured about the way chairman Bruce Carnegie-Brown is leading the process to select the Corporation’s next CEO.

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The Hartford the latest to tap into Lloyd’s with Navigators acquisition

With the news this morning that The Hartford has inked a deal to acquire Navigators, another Lloyd’s business could find itself in the hands of an international insurance giant.

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Lloyd’s 2017 loss deteriorates by £400mn fuelled by Irma

Lloyd’s net loss for 2017 has climbed by £399.9mn as a number of syndicates have had to bolster reserves following additional claims notifications from last year’s cat losses and, in particular, Hurricane Irma.

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Maiden’s voyage

Bermuda’s Maiden has veered off course and appears to be going in a very different direction.

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XL begins de-risking ahead of Axa takeover

XL Group has accelerated the de-risking of its book by ceding more business to reinsurers and significantly reducing its maximum loss exposures to US cat events, re-Insurance.com’s analysis of the Bermudian firm’s second quarter results shows.

Bermuda, Hamilton

Aspen cedes 50 percent more premium to reinsurers

Up-for-sale Bermudian Aspen reported a small second quarter earnings miss yesterday (1 August) while revealing the impact of a major de-risking of its gross exposures following last year’s heavy losses.

Stock trader

If you’re brave buy the Q2 disappointments...

Although we are less than half way through the second-quarter reporting season, investors have already proved that they have a short fuse when when it comes to any perceived disappointments in company results.

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.

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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, re-Insurance.com looks at the likely candidates that will be considered by the Corporation’s chairman Bruce Carnegie-Brown to succeed her…