J.powell brown brown&brown

Brown & Brown organic revenues return to growth in Q1

2019-04-22T22:18:00+01:00

US broker Brown & Brown has reported first quarter revenue up 23.5 percent over the same period last year, and a return to organic growth, while revealing earnings that beat analysts’ estimates and included modest margin expansion.

Arig - Bahrain

Lloyd’s (re)insurer Arig ordered by regulator to address “glaring deficiencies”

2019-04-22T10:13:00+01:00

Middle Eastern (re)insurer Arig saw trading in its shares temporarily suspended and has been ordered by regulator the Central Bank of Bahrain to address “glaring defiencies in the Company’s governance framework”.

Florida

Florida insurer shares trade down after analysts cut earnings forecasts

2019-04-22T21:44:00+01:00

KBW analysts have lowered their estimates for first quarter and full year earnings of Heritage Insurance and UPC Insurance after the two Floridan insurers revealed the impact of hail and other cat losses in the first quarter.

AIG_Headquarters

Ritz exits as Western World comes under Lexington structure

2019-04-19T22:27:00+01:00

Former Western World CEO Jonathan Ritz is leaving the specialty carrier as it is realigned to become part of AIG’s Lexington Insurance E&S platform, The Insurer can reveal.

Maiden Holdings

Nasdaq warns Maiden it is breaking listing requirements

2019-04-19T22:19:00+01:00

Maiden Holdings has until mid-October to get its share price above $1 or it could be delisted from the Nasdaq Stock Market.

Arig - Bahrain

Lloyd’s (re)insurer Arig ordered by regulator to address “glaring deficiencies”

2019-04-22T10:13:00+01:00

Middle Eastern (re)insurer Arig saw trading in its shares temporarily suspended and has been ordered by regulator the Central Bank of Bahrain to address “glaring defiencies in the Company’s governance framework”.

Florida

Florida insurer shares trade down after analysts cut earnings forecasts

2019-04-22T21:44:00+01:00

KBW analysts have lowered their estimates for first quarter and full year earnings of Heritage Insurance and UPC Insurance after the two Floridan insurers revealed the impact of hail and other cat losses in the first quarter.

AIG_Headquarters

Ritz exits as Western World comes under Lexington structure

2019-04-19T22:27:00+01:00

Former Western World CEO Jonathan Ritz is leaving the specialty carrier as it is realigned to become part of AIG’s Lexington Insurance E&S platform, The Insurer can reveal.

Maiden Holdings

Nasdaq warns Maiden it is breaking listing requirements

2019-04-19T22:19:00+01:00

Maiden Holdings has until mid-October to get its share price above $1 or it could be delisted from the Nasdaq Stock Market.



Universal – Florida

Universal: outlier or bellwether for a hard Florida renewal?

Reinsurers have been aggressively talking the talk ahead of the upcoming mid-year Florida renewal.

Florida State Capitol, Tallahassee Florida

Rays of legislative hope in the Sunshine State?

Florida’s House of Representatives has passed legislation reforming assignment of benefits (AOB), increasing the state cat fund’s reimbursement retention and tweaking surplus lines rules. The Insurer analyses the odds of the state’s Senate turning any of that into reality and reveals the bills (re)insurers should be watching.

New York Roundtable

This year’s top insurance model

The topics of the best model for starting up in the (re)insurance industry and how existing companies must evolve their business models to stay ahead were discussed by senior executives at a roundtable held in New York by The Insurer – in association with Lloyds Bank.

Universal – Florida

Universal: outlier or bellwether for a hard Florida renewal?

Reinsurers have been aggressively talking the talk ahead of the upcoming mid-year Florida renewal.

Florida State Capitol, Tallahassee Florida

Rays of legislative hope in the Sunshine State?

Florida’s House of Representatives has passed legislation reforming assignment of benefits (AOB), increasing the state cat fund’s reimbursement retention and tweaking surplus lines rules. The Insurer analyses the odds of the state’s Senate turning any of that into reality and reveals the bills (re)insurers should be watching.

New York Roundtable

This year’s top insurance model

The topics of the best model for starting up in the (re)insurance industry and how existing companies must evolve their business models to stay ahead were discussed by senior executives at a roundtable held in New York by The Insurer – in association with Lloyds Bank.



Q1-earnings

Comment: Mixed messages from bellwethers on US commercial pricing

Travelers saw a strong increase in pricing momentum on its business insurance book, but specialty carrier RLI was more muted in its enthusiasm after “flat” E&S submissions and moderate rate hikes in the first quarter.

Les Rock – Rockstone

View from the Rock

London D&F guru Les Rock has been out of the market for eleven years before his surprise return last month. Will he be just as successful this time round or has the fac market immeasurably changed over the past decade? The Insurer finds out…

Florida and japan renewals

A tail of two renewals

The influence of adverse loss development on “short-tail” wind risk is proving a common theme in Japanese and Florida negotiations. But the reinsurance buying culture in the two markets couldn’t be any more different.

Q1-earnings

Comment: Mixed messages from bellwethers on US commercial pricing

Travelers saw a strong increase in pricing momentum on its business insurance book, but specialty carrier RLI was more muted in its enthusiasm after “flat” E&S submissions and moderate rate hikes in the first quarter.

Les Rock – Rockstone

View from the Rock

London D&F guru Les Rock has been out of the market for eleven years before his surprise return last month. Will he be just as successful this time round or has the fac market immeasurably changed over the past decade? The Insurer finds out…

Florida and japan renewals

A tail of two renewals

The influence of adverse loss development on “short-tail” wind risk is proving a common theme in Japanese and Florida negotiations. But the reinsurance buying culture in the two markets couldn’t be any more different.