Lockton and Alliant

Lockton wins TRO against Alliant in Delaware court

2019-06-14T17:46:00+01:00

Lockton has secured a temporary restraining order (TRO) preventing Alliant from soliciting previous clients of the Chuck McDaniel-led group of seven Denver-based producers that defected to the rival broker in March.

S&P Global – Lloyd's

S&P raises Lloyd’s outlook from negative to stable

2019-06-14T11:23:00+01:00

Ratings agency S&P has raised its outlook of the Lloyd’s market from negative to stable in the wake of changes made by the Corporation to turnaround underperforming businesses, scale back catastrophe exposures and address its capital adequacy.

David Einhorn – Greenlight

Sirius discloses stake in Greenlight Capital Re

2019-06-14T03:12:00+01:00

Bermudian Sirius built a holding in ailing hedge fund reinsurer Greenlight Capital Re (GLRE) of as much as 5.7 percent in the last year, SEC filings have revealed.

John Hancock – Lloyd's

Lloyd’s expense ratio won’t improve in 2019: Hancock

2019-06-14T15:52:00+01:00

Lloyd’s has launched a new review of administrative expenses after the Corporation’s performance management director Jon Hancock confirmed the market’s stubbornly-high circa 40 percent expense ratio is unlikely to improve in 2019.

Cyber security

Cyber market questions whether it should cover privacy claims

2019-06-14T20:49:00+01:00

The cyber insurance market is bracing itself for a deluge of claims once the California Consumer Privacy Act (CCPA) comes into effect at the start of 2020, prompting some underwriters to ask whether the market should be covering these types of losses.

S&P Global – Lloyd's

S&P raises Lloyd’s outlook from negative to stable

2019-06-14T11:23:00+01:00

Ratings agency S&P has raised its outlook of the Lloyd’s market from negative to stable in the wake of changes made by the Corporation to turnaround underperforming businesses, scale back catastrophe exposures and address its capital adequacy.

David Einhorn – Greenlight

Sirius discloses stake in Greenlight Capital Re

2019-06-14T03:12:00+01:00

Bermudian Sirius built a holding in ailing hedge fund reinsurer Greenlight Capital Re (GLRE) of as much as 5.7 percent in the last year, SEC filings have revealed.

John Hancock – Lloyd's

Lloyd’s expense ratio won’t improve in 2019: Hancock

2019-06-14T15:52:00+01:00

Lloyd’s has launched a new review of administrative expenses after the Corporation’s performance management director Jon Hancock confirmed the market’s stubbornly-high circa 40 percent expense ratio is unlikely to improve in 2019.

Cyber security

Cyber market questions whether it should cover privacy claims

2019-06-14T20:49:00+01:00

The cyber insurance market is bracing itself for a deluge of claims once the California Consumer Privacy Act (CCPA) comes into effect at the start of 2020, prompting some underwriters to ask whether the market should be covering these types of losses.



Securities class action claim trends

Analysis: D&O displaying discipline, but not yet a hard market

US D&O insurers are showing a new-found willingness to walk away if their price increase demands are not met, while the increasing cost of defending claims is putting lower excess insurers in the burn layer more.

Voting Ballot

Executive compensation revolt seen as a welcome phenomenon

*AIG, Argo, Axis and RenaissanceRe all had more than 30% of shareholders oppose their executive compensation

Betterley Risk Consultants

AIG among the few IP insurers as market struggles for lift off

A report from Betterley Risk Consultants has revealed the market for intellectual property (IP) insurance remains highly specialised with limited capacity and modest growth but media liability insurance – which touches on IP areas – is growing much faster.

Securities class action claim trends

Analysis: D&O displaying discipline, but not yet a hard market

US D&O insurers are showing a new-found willingness to walk away if their price increase demands are not met, while the increasing cost of defending claims is putting lower excess insurers in the burn layer more.

Voting Ballot

Executive compensation revolt seen as a welcome phenomenon

*AIG, Argo, Axis and RenaissanceRe all had more than 30% of shareholders oppose their executive compensation

Betterley Risk Consultants

AIG among the few IP insurers as market struggles for lift off

A report from Betterley Risk Consultants has revealed the market for intellectual property (IP) insurance remains highly specialised with limited capacity and modest growth but media liability insurance – which touches on IP areas – is growing much faster.



CEA – Golden Gate Bridge

CEA seeks better balance between prevention and protection

Over the last two decades the California Earthquake Authority (CEA) has become one of the largest buyers of property cat reinsurance globally.

Dan Glaser and Vicky Carter – London

MMC helps London point to the positives after a year of bleak messaging…

This week sees the return of Marsh and McLennan’s (MMC) biennial gathering of talented, rising professionals who come to London from different continents for two days to hear from world class speakers on critical topics challenging the industry culminating in a show stopping gala dinner with stadium-filling superstars (such as ...

Litigation genie

Beware the consequences of the litigation genie…

In July, Judge Freedman will deliver his decision in the infamous poaching dispute between Gallagher and the Ardonagh subsidiaries in the UK High Court. It is a legal battle that has gripped observers of the London market with its revelations of a secret six-figure loan, offensive emails, clandestine meetings and ...

CEA – Golden Gate Bridge

CEA seeks better balance between prevention and protection

Over the last two decades the California Earthquake Authority (CEA) has become one of the largest buyers of property cat reinsurance globally.

Dan Glaser and Vicky Carter – London

MMC helps London point to the positives after a year of bleak messaging…

This week sees the return of Marsh and McLennan’s (MMC) biennial gathering of talented, rising professionals who come to London from different continents for two days to hear from world class speakers on critical topics challenging the industry culminating in a show stopping gala dinner with stadium-filling superstars (such as ...

Litigation genie

Beware the consequences of the litigation genie…

In July, Judge Freedman will deliver his decision in the infamous poaching dispute between Gallagher and the Ardonagh subsidiaries in the UK High Court. It is a legal battle that has gripped observers of the London market with its revelations of a secret six-figure loan, offensive emails, clandestine meetings and ...