Matt Power One80

Risk Strategies wholesale rebrands and adds senior broking execs

2019-09-20T13:58:00+01:00

Risk Strategies has rebranded its Matt Power-led wholesale business as One80 Intermediaries and added a number of senior executives to the platform, including Donovan Nowell and Brad Keller as financial lines and property practice leaders, The Insurer can reveal.

Jude Dibattista Headshot

E&S pricing momentum to carry into 2020: QBE’s DiBattista

2019-09-20T18:20:00+01:00

E&S underwriters are heading to San Diego this weekend for the annual marketplace of the Wholesale & Specialty Insurance Association. The mood at the meeting is likely to be upbeat, if this publication’s conversation with Jude DiBattista, head of E&S property casualty at QBE North America, is anything to go ...

OneConnect

Ping An fintech unit joins insurtech Huize in seeking US listing: report

2019-09-20T14:49:00+01:00

Ping An is reportedly seeking a New York listing for its OneConnect fintech platform in mid-November, following Chinese insurtech Huize filing for an IPO earlier this month.

Typhoon Faxai credit NOAA

Japanese market can expect $2.8bn Faxai loss

2019-09-20T10:19:00+01:00

The domestic general insurance market can expect losses relating to Typhoon Faxai in the region of 300bn yen ($2.8bn), according to the General Insurance Association of Japan (GIAJ).

Ken Randall – R&Q

AM Best affirms R&Q credit rating; subsidiaries receive A-financial strength rating

2019-09-20T10:08:00+01:00

Ratings agency AM Best has affirmed the financial strength rating of A- (excellent) of Randall & Quilter subsidiaries Accredited Surety and Casualty Company (ASCC), based in Orlando, Florida and Accredited Insurance (Europe) Limited (AIEL), based in Malta.

Jude Dibattista Headshot

E&S pricing momentum to carry into 2020: QBE’s DiBattista

2019-09-20T18:20:00+01:00

E&S underwriters are heading to San Diego this weekend for the annual marketplace of the Wholesale & Specialty Insurance Association. The mood at the meeting is likely to be upbeat, if this publication’s conversation with Jude DiBattista, head of E&S property casualty at QBE North America, is anything to go ...

OneConnect

Ping An fintech unit joins insurtech Huize in seeking US listing: report

2019-09-20T14:49:00+01:00

Ping An is reportedly seeking a New York listing for its OneConnect fintech platform in mid-November, following Chinese insurtech Huize filing for an IPO earlier this month.

Typhoon Faxai credit NOAA

Japanese market can expect $2.8bn Faxai loss

2019-09-20T10:19:00+01:00

The domestic general insurance market can expect losses relating to Typhoon Faxai in the region of 300bn yen ($2.8bn), according to the General Insurance Association of Japan (GIAJ).

Ken Randall – R&Q

AM Best affirms R&Q credit rating; subsidiaries receive A-financial strength rating

2019-09-20T10:08:00+01:00

Ratings agency AM Best has affirmed the financial strength rating of A- (excellent) of Randall & Quilter subsidiaries Accredited Surety and Casualty Company (ASCC), based in Orlando, Florida and Accredited Insurance (Europe) Limited (AIEL), based in Malta.



Monte Carlo, Casino

Reinsurers go back to basics as 1.1 negotiations get underway

Where Monte Carlos past have often provided a stage for grandstanding on rates or visions for growing the market, this year’s Rendez-Vous was about getting back to the fundamentals of the deal as buyers and sellers seek a path to improved profitability.

Monte Carlo

Tight retro market to impact 1.1 reinsurance renewal

The significantly tighter retro market is likely to have a greater impact on reinsurer behavior at 1.1 than a hardening primary insurance market will, as buyers are forced to switch from aggregate and other alternatives to more expensive traditional occurrence and ultimate net loss (UNL) coverages.

Volume of deals completed

Where next for (re)insurance M&A?

In the first half of 2019, M&A in the global (re)insurance industry hit its highest level for four years. Activity was up in most regions, driven by a surge of deals in Europe that had previously been put on hold due to Brexit preparations, strong economic fundamentals in the US ...

Monte Carlo, Casino

Reinsurers go back to basics as 1.1 negotiations get underway

Where Monte Carlos past have often provided a stage for grandstanding on rates or visions for growing the market, this year’s Rendez-Vous was about getting back to the fundamentals of the deal as buyers and sellers seek a path to improved profitability.

Monte Carlo

Tight retro market to impact 1.1 reinsurance renewal

The significantly tighter retro market is likely to have a greater impact on reinsurer behavior at 1.1 than a hardening primary insurance market will, as buyers are forced to switch from aggregate and other alternatives to more expensive traditional occurrence and ultimate net loss (UNL) coverages.

Volume of deals completed

Where next for (re)insurance M&A?

In the first half of 2019, M&A in the global (re)insurance industry hit its highest level for four years. Activity was up in most regions, driven by a surge of deals in Europe that had previously been put on hold due to Brexit preparations, strong economic fundamentals in the US ...



Greg Hendrick AXA XL

The pricing mismatch…

Insurance rates and terms are hardening in most specialty classes after years of attritional losses. Retro – after the shocks of 2017-18 – is tightening rapidly and is expected to continue into 1.1.

Light bulbs

Taking the initiative forward

Luzi Hitz, CEO, and Eduard Held, head of products, at Perils consider how the industry initiative will build on the successes of the last decade.

Tom Booth, CEO of Darag

European legacy remains competitive and strong

Over the past decade, as the impact of Solvency II capital requirements has become evident, continental insurers have warmed to the solutions offered by legacy providers. The established legal frameworks, with UK Part VII transfers just one example, have aided the expansion of the sector. Legacy companies and their clients ...

Greg Hendrick AXA XL

The pricing mismatch…

Insurance rates and terms are hardening in most specialty classes after years of attritional losses. Retro – after the shocks of 2017-18 – is tightening rapidly and is expected to continue into 1.1.

Light bulbs

Taking the initiative forward

Luzi Hitz, CEO, and Eduard Held, head of products, at Perils consider how the industry initiative will build on the successes of the last decade.

Tom Booth, CEO of Darag

European legacy remains competitive and strong

Over the past decade, as the impact of Solvency II capital requirements has become evident, continental insurers have warmed to the solutions offered by legacy providers. The established legal frameworks, with UK Part VII transfers just one example, have aided the expansion of the sector. Legacy companies and their clients ...