Barry Goldstein

Goldstein returns as Kingstone CEO after Thatcher abruptly resigns

2019-07-19T22:08:00+01:00

Barry Goldstein has returned as CEO of US regional insurer Kingstone Companies and targeted improved profits, following Dale Thatcher resigning after seven months in the role.

John Forney – UPC Insurance

UPC reveals $31mn hit from 2018 loss creep and Q2 cats

2019-07-19T15:22:00+01:00

United Insurance Holdings (UPC Insurance) has warned it expects to incur $15mn of adverse development from accident year 2018 and $16mn of net losses from second quarter catastrophes.

Odyssey Re

Moody’s upgrades Odyssey Re on strong underwriting results

2019-07-19T22:50:00+01:00

Moody’s has upgraded the financial strength rating of Odyssey Reinsurance Company to A2 from A3, with a stable outlook.

WSS

XPT’s WSS launches workers comp unit with two hires

2019-07-19T22:40:00+01:00

XPT Group subsidiary Western Security Surplus (WSS) has launched a workers compensation division with the hires of Dan Rieden and Matt Rieden.

Hurricane Barry

Hurricane Barry insured loss estimates compared

2019-07-19T18:50:00+01:00

CoreLogic is the latest to release a Hurricane Barry estimate, saying total insured losses including the National Flood Insurance Program (NFIP) will be between $400mn and $800mn.

John Forney – UPC Insurance

UPC reveals $31mn hit from 2018 loss creep and Q2 cats

2019-07-19T15:22:00+01:00

United Insurance Holdings (UPC Insurance) has warned it expects to incur $15mn of adverse development from accident year 2018 and $16mn of net losses from second quarter catastrophes.

Odyssey Re

Moody’s upgrades Odyssey Re on strong underwriting results

2019-07-19T22:50:00+01:00

Moody’s has upgraded the financial strength rating of Odyssey Reinsurance Company to A2 from A3, with a stable outlook.

WSS

XPT’s WSS launches workers comp unit with two hires

2019-07-19T22:40:00+01:00

XPT Group subsidiary Western Security Surplus (WSS) has launched a workers compensation division with the hires of Dan Rieden and Matt Rieden.

Hurricane Barry

Hurricane Barry insured loss estimates compared

2019-07-19T18:50:00+01:00

CoreLogic is the latest to release a Hurricane Barry estimate, saying total insured losses including the National Flood Insurance Program (NFIP) will be between $400mn and $800mn.



Bell curve – volcano

Un-modelled risk: Known unknowns?

The recent spate of natural catastrophe losses has once again put the focus on un-modelled risk, and what steps are being taken by the market to cover the gaps.

Q2 Earnings

Analysts mixed on positive US pricing thesis as Q2 earnings begin

Although the second quarter P&C earnings season that got underway in the US today will include the impact of weather losses and positive marks on investment portfolios, the focus of investors is likely to be on pricing momentum.

Hiscox share price and Jebi

Hiscox now valued at record 3x NTA as investors remain loyal despite 2019 earnings hit

Analysts have remained upbeat about prospects for London market veteran Hiscox, despite the carrier posting an ominous trading update last week, noting that shares are currently trading at a record multiple.

Bell curve – volcano

Un-modelled risk: Known unknowns?

The recent spate of natural catastrophe losses has once again put the focus on un-modelled risk, and what steps are being taken by the market to cover the gaps.

Q2 Earnings

Analysts mixed on positive US pricing thesis as Q2 earnings begin

Although the second quarter P&C earnings season that got underway in the US today will include the impact of weather losses and positive marks on investment portfolios, the focus of investors is likely to be on pricing momentum.

Hiscox share price and Jebi

Hiscox now valued at record 3x NTA as investors remain loyal despite 2019 earnings hit

Analysts have remained upbeat about prospects for London market veteran Hiscox, despite the carrier posting an ominous trading update last week, noting that shares are currently trading at a record multiple.



Golden goose

Emulate not end the Pool Re golden egg…

Next week the UK will have a new Prime Minister. Whether it is current favourite Boris Johnson or his challenger Jeremy Hunt, the new First Lord of the Treasury will arrive at Ten Downing Street to inherit the failed Brexit process, a divided country and a minority in Parliament. If ...

US commercial Insurance

Market psychology points to sustained pricing shift

It will not come as any surprise if a strong theme of the upcoming Q2 earnings season is bullish commentary from insurers on US commercial insurance pricing.

Pool Re Mind the Gap

Pool Re edges closer to closing the terrorism protection gap

News today of Britain’s state-backed terrorism reinsurer Pool Re’s £40mn ($50mn) retro placement for non-damage business interruption (NDBI) following a terrorist attack marks the latest step in the organisation’s journey towards closing the insurable gap for UK firms.

Golden goose

Emulate not end the Pool Re golden egg…

Next week the UK will have a new Prime Minister. Whether it is current favourite Boris Johnson or his challenger Jeremy Hunt, the new First Lord of the Treasury will arrive at Ten Downing Street to inherit the failed Brexit process, a divided country and a minority in Parliament. If ...

US commercial Insurance

Market psychology points to sustained pricing shift

It will not come as any surprise if a strong theme of the upcoming Q2 earnings season is bullish commentary from insurers on US commercial insurance pricing.

Pool Re Mind the Gap

Pool Re edges closer to closing the terrorism protection gap

News today of Britain’s state-backed terrorism reinsurer Pool Re’s £40mn ($50mn) retro placement for non-damage business interruption (NDBI) following a terrorist attack marks the latest step in the organisation’s journey towards closing the insurable gap for UK firms.