Allied World – Lloyd's

Allied World’s marine vice president Reuben exits

2019-04-24T09:14:00+01:00

Pene Reuben, vice president and marine liability underwriter, has left (re)insurer Allied World, The Insurer can reveal.

Prudential

Prudential closes $2.6bn pre-Brexit pension longevity reinsurance deals

2019-04-24T09:40:00+01:00

Fortune 500 listed Prudential Financial’s retirement arm has closed a circa $2.6bn in previously undisclosed longevity reinsurance contracts, a move that signals an unprecedented start to the 2019 UK pension risk transfer market.

aviva cityoflondon

Aviva CEO shakes-up board as UK head exits

2019-04-24T08:02:00+01:00

The newly appointed Group CEO of UK insurance giant Aviva – Maurice Tulloch – has made a wave of changes to its leadership team, with the CEO of UK Insurance Andy Briggs stepping down.

EnTrust Global and Voce Capital

$20bn mysterious NY investor emerges as backer of Argo activist

2019-04-23T14:45:00+01:00

$20bn alternative investment firm EnTrust Global has emerged as the likely mystery backer for activist investor Voce Capital Management’s onslaught against Argo’s board and CEO, The Insurer understands.

WR-Berkley-NYC

Rate rises now outpacing loss costs on many lines: WR Berkley

2019-04-23T21:15:00+01:00

WR Berkley reported that rate improvements helped it grow its first quarter premiums, with the US carrier suggesting signs of returning discipline “may be early indicators that the moment the industry has been waiting for is coming to many parts of the business”.

Prudential

Prudential closes $2.6bn pre-Brexit pension longevity reinsurance deals

2019-04-24T09:40:00+01:00

Fortune 500 listed Prudential Financial’s retirement arm has closed a circa $2.6bn in previously undisclosed longevity reinsurance contracts, a move that signals an unprecedented start to the 2019 UK pension risk transfer market.

aviva cityoflondon

Aviva CEO shakes-up board as UK head exits

2019-04-24T08:02:00+01:00

The newly appointed Group CEO of UK insurance giant Aviva – Maurice Tulloch – has made a wave of changes to its leadership team, with the CEO of UK Insurance Andy Briggs stepping down.

EnTrust Global and Voce Capital

$20bn mysterious NY investor emerges as backer of Argo activist

2019-04-23T14:45:00+01:00

$20bn alternative investment firm EnTrust Global has emerged as the likely mystery backer for activist investor Voce Capital Management’s onslaught against Argo’s board and CEO, The Insurer understands.

WR-Berkley-NYC

Rate rises now outpacing loss costs on many lines: WR Berkley

2019-04-23T21:15:00+01:00

WR Berkley reported that rate improvements helped it grow its first quarter premiums, with the US carrier suggesting signs of returning discipline “may be early indicators that the moment the industry has been waiting for is coming to many parts of the business”.



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.



Argo share price i

Voce Capital’s Argo attack appears too little, too late

Earlier today, The Insurer revealed that the alternative investment firm EnTrust is the likely bankroller to activist Voce Capital’s attack on Argo Group.

Q1-earnings

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…

Argo share price i

Voce Capital’s Argo attack appears too little, too late

Earlier today, The Insurer revealed that the alternative investment firm EnTrust is the likely bankroller to activist Voce Capital’s attack on Argo Group.

Q1-earnings

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…