RSG-Lodestar

Aspen poised to back Lodestar following RSA exit

2019-01-18T16:15:00+00:00

Lodestar, the London-based fixed premium P&I MGA, is in advanced talks with Aspen to secure 2019 capacity following the decision by its previous backer RSA to withdraw its support, The Insurer can reveal.

city of london

Beach’s Howard calls for greater underwriter oversight

2019-01-18T14:59:00+00:00

Beach Associates CEO Jason Howard has added to the calls for greater distinction between lead and follow markets while warning (re)insurers that the continued consolidation among brokers will lead to pressure on returns.

Swiss re

Swiss Re appoints Archie Kane to ReAssure chair ahead of IPO

2019-01-18T10:25:00+00:00

Swiss Re has named former Bank of Ireland governor Archie Kane as the non-executive chairman of its UK-based closed book business ReAssure.

Argo

Argo forecasts $32mn Q4 nat cat bill

2019-01-18T08:05:00+00:00

Bermudian carrier Argo expects its fourth quarter 2018 results to be hit by pre-tax catastrophe losses of $32mn, primarily related to Hurricane Michael and the California Wildfires.

Marine, cargo ships

North P&I Club secures Dublin nod for Brexit hub

2019-01-18T15:42:00+00:00

North P&I has secured its post-Brexit trading following confirmation that its Irish subsidiary, North of England P&I DAC, has received approval as a non-life insurer from the Central Bank of Ireland.

city of london

Beach’s Howard calls for greater underwriter oversight

2019-01-18T14:59:00+00:00

Beach Associates CEO Jason Howard has added to the calls for greater distinction between lead and follow markets while warning (re)insurers that the continued consolidation among brokers will lead to pressure on returns.

Swiss re

Swiss Re appoints Archie Kane to ReAssure chair ahead of IPO

2019-01-18T10:25:00+00:00

Swiss Re has named former Bank of Ireland governor Archie Kane as the non-executive chairman of its UK-based closed book business ReAssure.

Argo

Argo forecasts $32mn Q4 nat cat bill

2019-01-18T08:05:00+00:00

Bermudian carrier Argo expects its fourth quarter 2018 results to be hit by pre-tax catastrophe losses of $32mn, primarily related to Hurricane Michael and the California Wildfires.

Marine, cargo ships

North P&I Club secures Dublin nod for Brexit hub

2019-01-18T15:42:00+00:00

North P&I has secured its post-Brexit trading following confirmation that its Irish subsidiary, North of England P&I DAC, has received approval as a non-life insurer from the Central Bank of Ireland.



Estimated dedicated reinsurance sector convergence capital – 2012-2018 YE i

Guy Carpenter pegs trapped/lost ILS capital at $20bn+

The amount of alternative capital “trapped” or lost and not available for deployment at the recent 1.1 renewals was in the region of $20-$25bn, according to Guy Carpenter.

Change in global reinsurer capital i

Alternative capital continues to grow while traditional reinsurance contracts

Alternative capital continues on an upward trajectory, with the market standing at $99bn at the end of the third quarter of 2018.

David Howden Interview i

Howden puts independence at heart of Hyperion’s growth strategy

In the aftermath of Hyperion’s 2018 results and with the firm poised to become the largest non-US intermediary, The Insurer interviews its founder David Howden…

Estimated dedicated reinsurance sector convergence capital – 2012-2018 YE i

Guy Carpenter pegs trapped/lost ILS capital at $20bn+

The amount of alternative capital “trapped” or lost and not available for deployment at the recent 1.1 renewals was in the region of $20-$25bn, according to Guy Carpenter.

Change in global reinsurer capital i

Alternative capital continues to grow while traditional reinsurance contracts

Alternative capital continues on an upward trajectory, with the market standing at $99bn at the end of the third quarter of 2018.

David Howden Interview i

Howden puts independence at heart of Hyperion’s growth strategy

In the aftermath of Hyperion’s 2018 results and with the firm poised to become the largest non-US intermediary, The Insurer interviews its founder David Howden…



JLT-Re-global-prop-cat-index-dips-1.2-percent-1.1-i

1.1s: It’s all about the C word...

Willis Re and JLT Re published their reviews of the 1.1 renewal season today and, on first read, it is difficult to match their analysis with the “hardening” predictions heard with increasing confidence in Q4 2018 by underwriters.

Dan Glaser handshake

Glaser rewards JLT strengths in new specialty structure

Seasoned deal-makers often say the easy part of successful M&A is agreeing terms; the tough bit is execution.

US government. Washington

For non-US reinsurers operating in the US reinsurance market—options for 2019 and beyond

On December 19, the National Association of Insurance Commissioners (NAIC) will vote on, and presumably approve, another set of changes to its model credit for reinsurance law and regulation. These changes are designed to implement the EU-US Covered Agreement and extend it to permit qualifying reinsurers in non-EU countries such ...

JLT-Re-global-prop-cat-index-dips-1.2-percent-1.1-i

1.1s: It’s all about the C word...

Willis Re and JLT Re published their reviews of the 1.1 renewal season today and, on first read, it is difficult to match their analysis with the “hardening” predictions heard with increasing confidence in Q4 2018 by underwriters.

Dan Glaser handshake

Glaser rewards JLT strengths in new specialty structure

Seasoned deal-makers often say the easy part of successful M&A is agreeing terms; the tough bit is execution.

US government. Washington

For non-US reinsurers operating in the US reinsurance market—options for 2019 and beyond

On December 19, the National Association of Insurance Commissioners (NAIC) will vote on, and presumably approve, another set of changes to its model credit for reinsurance law and regulation. These changes are designed to implement the EU-US Covered Agreement and extend it to permit qualifying reinsurers in non-EU countries such ...