1.4 Japan renewals analysis

Japanese wind covers price up 20-30% as reinsurers reassess risk

2019-03-22T21:33:00+00:00

Loss struck wind specific layers of excess-of-loss (XoL) covers bought by the Japanese “Big Three” carriers are seeing significant rate increases of 20-30 percent as reinsurers react to dramatic creep on Typhoon Jebi losses, The Insurer has learned.

Renaissance and Tokio Marine i

RenRe deal close brings cull of TMR executives

2019-03-22T22:02:00+00:00

Almost all of Tokio Millennium Re’s executive management team have exited the reinsurer with the close of its acquisition by RenaissanceRe today.

Dan Glaser – handshake

MMC’s JLT acquisition to close 1 April following EC approval

2019-03-22T17:35:00+00:00

The European Commission has approved Marsh & McLennan Companies’ acquisition of Jardine Lloyd Thompson, conditional on the divestment of JLT’s global aerospace practice.

Kevin O’Donnell – RenaissanceRe

RenRe closes Tokio Millennium acquisition

2019-03-22T17:02:00+00:00

RenaissanceRe has confirmed the closing of its deal to buy Tokio Millennium Re (TMR) for just over book value.

John-Neal

‘Lloyd’s is better than this’: Neal

2019-03-22T15:33:00+00:00

The chief executive of Lloyd’s of London has chastised the market for prioritising expansion and diversification over profitability in recent years and has vowed to return the institution to its former glory.

Renaissance and Tokio Marine i

RenRe deal close brings cull of TMR executives

2019-03-22T22:02:00+00:00

Almost all of Tokio Millennium Re’s executive management team have exited the reinsurer with the close of its acquisition by RenaissanceRe today.

Dan Glaser – handshake

MMC’s JLT acquisition to close 1 April following EC approval

2019-03-22T17:35:00+00:00

The European Commission has approved Marsh & McLennan Companies’ acquisition of Jardine Lloyd Thompson, conditional on the divestment of JLT’s global aerospace practice.

Kevin O’Donnell – RenaissanceRe

RenRe closes Tokio Millennium acquisition

2019-03-22T17:02:00+00:00

RenaissanceRe has confirmed the closing of its deal to buy Tokio Millennium Re (TMR) for just over book value.

John-Neal

‘Lloyd’s is better than this’: Neal

2019-03-22T15:33:00+00:00

The chief executive of Lloyd’s of London has chastised the market for prioritising expansion and diversification over profitability in recent years and has vowed to return the institution to its former glory.



Maiden's share price i

The risks that could stop Maiden conquering its troubles

Maiden Holdings’ delayed 10-K reveals the embattled Bermudian company believes it can continue as a going concern but warns further significant declines in shareholders’ equity could cause it to “re-evaluate that assessment”.

Lloyd's roundtable

Roundtable: what is the future of the independent broker?

Following yet another titan year of broker consolidation The Insurer – in association with Lloyds Bank – last month gathered a host of senior broking executives to garner insight into the implications and drivers of future M&A, the challenge of modernisation and how the regulator can better service UK and ...

Lockton logo

Lockton sues Alliant defectors to enforce 4-year restrictive covenants

The Insurer analyses Lockton’s legal filing seeking injunctive relief against seven producers, after mass resignations last week.

Maiden's share price i

The risks that could stop Maiden conquering its troubles

Maiden Holdings’ delayed 10-K reveals the embattled Bermudian company believes it can continue as a going concern but warns further significant declines in shareholders’ equity could cause it to “re-evaluate that assessment”.

Lloyd's roundtable

Roundtable: what is the future of the independent broker?

Following yet another titan year of broker consolidation The Insurer – in association with Lloyds Bank – last month gathered a host of senior broking executives to garner insight into the implications and drivers of future M&A, the challenge of modernisation and how the regulator can better service UK and ...

Lockton logo

Lockton sues Alliant defectors to enforce 4-year restrictive covenants

The Insurer analyses Lockton’s legal filing seeking injunctive relief against seven producers, after mass resignations last week.



Ari Chatterjee – Envelop Risk

​Cyber reinsurance market matures with XoL shift

Ari Chatterjee, Bermuda-based head of underwriting at cyber (re)insurance MGA Envelop Risk, partnering with MS Amlin capacity, analyses the nascent cyber reinsurance market after the 1.1 renewals and notes clear signs of market maturing…

SMS message

Gallagher and Lockton texts offer a cautionary tale

In the past week, bitter disputes on both sides of the Atlantic over broker defections have provided textbook examples of what not to text. For broking companies – and any other participants in the (re)insurance industry – they provide a worrying reminder that they should beware what their executives are ...

E. David Burt

It may be a temporary setback but Bermuda could do without more self-inflicted wounds...

If the adage ‘bad news travels fast’ is to believed, then word of Bermuda’s addition to the European Union’s tax haven blacklist last week must have been reverberating around the island in next-to-no time.

Ari Chatterjee – Envelop Risk

​Cyber reinsurance market matures with XoL shift

Ari Chatterjee, Bermuda-based head of underwriting at cyber (re)insurance MGA Envelop Risk, partnering with MS Amlin capacity, analyses the nascent cyber reinsurance market after the 1.1 renewals and notes clear signs of market maturing…

SMS message

Gallagher and Lockton texts offer a cautionary tale

In the past week, bitter disputes on both sides of the Atlantic over broker defections have provided textbook examples of what not to text. For broking companies – and any other participants in the (re)insurance industry – they provide a worrying reminder that they should beware what their executives are ...

E. David Burt

It may be a temporary setback but Bermuda could do without more self-inflicted wounds...

If the adage ‘bad news travels fast’ is to believed, then word of Bermuda’s addition to the European Union’s tax haven blacklist last week must have been reverberating around the island in next-to-no time.