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Some re/insurance executives yearn for the heady days of a hard market but most are more realistic, given the abundance of capital in the industry. The recent hurricanes have given the market an insight into just how rates might respond to big losses, as Intelligent Insurer reports. 25 September 2017
Insurance
The magnitude 7.1 earthquake that struck near Mexico City on Sept. 19 afternoon has caused major damage, according to a Sept. 20 AM Best report. 21 September 2017
News
Broker JLT Re has partnered with data repository and risk management provider kWh Analytics to create a risk transfer product insuring solar energy output. 20 September 2017
Insurance
The chairman of the International Union of Marine Insurance (IUMI) offshore energy committee, James McDonald warned that the sector was "sinking". 19 September 2017
Insurance
Global marine underwriting premiums for 2016 fell to $27.5 billion, a 9 percent reduction on the figure reported for 2015, the International Union of Marine Insurance (IUMI) said on Sept. 18. 18 September 2017
Insurance
Global reinsurers will incur notable losses from Hurricane Irma, but the storm will have only a limited impact on the sector’s capital, ratings agency AM Best said in a Sept. 14 report. 15 September 2017
Insurance
New companies have formed in recent years to take property/casualty risk in Florida from state-formed Citizens in a soft market and Hurricane Irma will be the first test for them, said ratings agency AM Best in a Sept. 14 report. 15 September 2017
Insurance
London-based managing general agent (MGA) Pen Underwriting has appointed Tom Downey as chief underwriting officer. 15 September 2017
Insurance
Change may indeed be inevitable. Successful change, however, is not. That is just one insight of author and change management expert Campbell Macpherson, who spoke to Intelligent Insurer about the challenges facing reinsurers. 14 September 2017
Insurance
Syndicate Research Limited (SRL) has placed Lloyd's syndicate 4444 (Canopius Managing Agents Limited) under review for possible downgrade after confirmation that Sompo Canopius is due to be acquired by a private equity consortium led by Centerbridge Partners in the first quarter of 2018. 14 September 2017
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