Zurich NA Mike Foley to retire...

Kathleen Savio to succeed
from 1.1

Harvey insured loss $15.9bn...

PCS first loss estimate

Pioneer Lloyd's start
Syndicate 1980...

approved for 1.1


UIB appoints new FD...

Keith Gribben replaces Anderson

Allstate to take $553mn net Harvey loss...

Gross losses of $576mn will be reduced by $23mn reinsurance

RMS predicts Irma insured loss $25-35bn...

US and Caribbean economic loss up to $95bn

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Talanx warns on 2017 profits following H2 cat losses

Talanx, the largest shareholder in Hannover Re may miss its 2017 profits target following the roll call of heavy cat events in the second half of this year.

 


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Ardonagh revenues flat as losses double in H1

The Ardonagh Group, the private equity owned parent company of Towergate and highly regarded London wholesaler Price Forbes, has reported revenues for the first half of the year of £169.1mn...


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Marine insurers facing a “new era of disruption”

Opening its annual conference in Tokyo this week, the president of the International Union of Marine Insurance (IUMI), Dieter Berg warned marine insurers that they are facing a new era of disruption


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Governments need to better handle marine casualties

Delegates at the International Union of Marine Insurance’s (IUMI) annual conference have been told international governments need to up their game when dealing with marine casualties.


Cyber clauses have to be examined says marine chief

The Chairman of the international Union of Marine insurance's (IUMI) Ocean Hull Committee, has warned underwriters they need to re-examine their approach to cyber risk.


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CCRIF reaches $100mn milestone with Irma loss

The Caribbean Catastrophe Risk Insurance Facility (CCRIF), the World Bank sponsored risk pool that provides cat cover to its Caribbean members based on parametric triggers, has now paid over $100mn following Hurricane Irma.


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XL chooses Dublin for Post-Brexit base

XL Group is moving its principal European insurance company, XL Insurance Company, from the UK to Ireland next year in response to the UK’s decision to leave the EU.


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Cheap reinsurance blamed for non-technical underwriting

 

Leading figures from across the energy insurance sector have had their say on the market’s current and future prospects in a special roundtable at the annual Houston marine Insurance Seminar...


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Cargo still adrift warns Derrick

The chair of the International Union of Marine Insurance (IUMI) Cargo Committee, Nick Derrick has warned the specialist marine market that it has to evolve to stay sustainable..


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Hurricane post mortems will change market –SCOR

French reinsurance powerhouse Scor said regardless of the track or scale of the losses from Hurricane Irma, the market will be changed by the lessons learnt.


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Excess capital unlikely to
be drained by H2 cats

Despite uncertainty over the final loss picture for H2, industry leaders gathered at the Monte Carlo Rendez-Vous were sceptical that the industry's excess capital would be drained away.


Swiss Re warns on cyber aggregations

Swiss Re’s head of Reinsurance is urging the industry to take a considered approach to cyber given the potential aggregation risks


Reports of advanced talks highlights R&Q's commitment to Lloyd's

R&Q founder Ken Randall was once head of Lloyd's regulation but it was the processing and managemnent of its legacy business where he acquired a reputation as a no-nonsense run-off expert.

 

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Leadenhall Market evacuated…

(Re)insurance workers and tourists were caught up in an emergency bomb scare in Leadenhall Market today (19 September) READ MORE

Dame Inga’s off message interview

 As Irma flattened swathes of the Caribbean and was barrelling its way to Florida, industry CEOs were carefully on message in emphasising the human cost of catastrophes. Apart from a curiously off message Lloyd’s CEO Inga Beale... READ MORE


Austerity
Monte Carl
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Austerity to take a grip in Monte Carlo
this year? Angerstein looks at the belt tightening... READ MORE

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The world was a different place in 1969. The iron curtain stretched across Central Europe, in China... READ MORE

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Houston Marine Insurance Seminar 2017 reinsurance daily editions. Click issue to download

Monte Carlo Rendez-Vous 2017 reinsurance daily editions. Click issue to download