R&Q logo on city background

R&Q: $80.5mn Global Re acquisition to now complete in 2019

2018-12-11T13:43:00+00:00

London-listed Randall & Quilter Investment Holdings (R&Q) saw its share price dip today after confirming that its largest ever legacy acquisition will now complete later than anticipated.

Notable-2018-avaition-losses-i

Airline insurers show resolve with Ethiopian renewal

2018-12-11T13:09:00+00:00

Chubb is highlighting airline insurers’ resolve to push up rate with an even higher lead quote for the imminent Ethiopian Airlines renewal than was supplied in the summer.

PG&E wildfire

AIG and Chubb came off PG&E casualty tower: sources

2018-12-11T11:35:00+00:00

AIG and Chubb look to have avoided exposure to wildfire losses from PG&E’s $700mn general liability tower after declining to renew the cover in the summer despite vastly improved pricing on the deal, The Insurer can reveal.

Lloyd's and Willis building

Willis builds out London property and casualty teams with two hires

2018-12-11T08:23:00+00:00

Willis Towers Watson has appointed Tom Rowley as senior vice president of North American property as well as appointing Matt Harvey to senior vice president of International property.

qbe london city exterior

QBE restructures reinsurance, announces $200mn cost saving program

2018-12-11T12:14:00+00:00

Australian insurance giant QBE has fully placed its 2019 reinsurance programme which will see its  its catastrophe occurrence limit increased by $1.1bn as the insurer and unveiled a three-year efficiency drive targeting savings of $200mn. 

Notable-2018-avaition-losses-i

Airline insurers show resolve with Ethiopian renewal

2018-12-11T13:09:00+00:00

Chubb is highlighting airline insurers’ resolve to push up rate with an even higher lead quote for the imminent Ethiopian Airlines renewal than was supplied in the summer.

PG&E wildfire

AIG and Chubb came off PG&E casualty tower: sources

2018-12-11T11:35:00+00:00

AIG and Chubb look to have avoided exposure to wildfire losses from PG&E’s $700mn general liability tower after declining to renew the cover in the summer despite vastly improved pricing on the deal, The Insurer can reveal.

Lloyd's and Willis building

Willis builds out London property and casualty teams with two hires

2018-12-11T08:23:00+00:00

Willis Towers Watson has appointed Tom Rowley as senior vice president of North American property as well as appointing Matt Harvey to senior vice president of International property.

qbe london city exterior

QBE restructures reinsurance, announces $200mn cost saving program

2018-12-11T12:14:00+00:00

Australian insurance giant QBE has fully placed its 2019 reinsurance programme which will see its  its catastrophe occurrence limit increased by $1.1bn as the insurer and unveiled a three-year efficiency drive targeting savings of $200mn. 



Denis-Kessler-scor

Scor rewarded for traditional early 2019 retro renewal

Tier one global reinsurer Scor has been rewarded for its traditional early renewal of its annual P&C retro program by renewing its core XoL coverage before the November California wildfires and benefiting from a more favorable pricing environment, The Insurer can reveal.

Largest-Mercury-General-reinsurers-($mn)-i

Cali wildfire disclosures, data now pointing to circa $15bn loss

2018 now appears odds on to have exceeded last year in terms of insured losses from the California wildfires following a series of disclosures and loss estimates late last week.

Ardonagh-debt

Ardonagh debt weighs heavily as UK broker sells assets

*Debt yielding circa 11 percent ** New $235mn bond takes issuance beyond £1bn *** Acquires Nevada 3 assets at near 30 percent premium to cost

Denis-Kessler-scor

Scor rewarded for traditional early 2019 retro renewal

Tier one global reinsurer Scor has been rewarded for its traditional early renewal of its annual P&C retro program by renewing its core XoL coverage before the November California wildfires and benefiting from a more favorable pricing environment, The Insurer can reveal.

Largest-Mercury-General-reinsurers-($mn)-i

Cali wildfire disclosures, data now pointing to circa $15bn loss

2018 now appears odds on to have exceeded last year in terms of insured losses from the California wildfires following a series of disclosures and loss estimates late last week.

Ardonagh-debt

Ardonagh debt weighs heavily as UK broker sells assets

*Debt yielding circa 11 percent ** New $235mn bond takes issuance beyond £1bn *** Acquires Nevada 3 assets at near 30 percent premium to cost



The ILS Holy Grail

The Holy Grail of secondary market cat trading…

The holy grail of creating a truly liquid trading instrument for catastrophe risk has been pursued by innovative marketeers for more than 25 years.

Hong Kong city skyline

The CatCo crunch…

*1.1 Retro quotes being re-priced ** Ajit’s phone “already ringing” *** Late renewal just got a lot tougher

Brexit-megaphone

Brexit – continuing to be heard

London market lobbying group LMG says there is much work to be done ahead of “Brexit” regardless of what occurs in Westminster next week

The ILS Holy Grail

The Holy Grail of secondary market cat trading…

The holy grail of creating a truly liquid trading instrument for catastrophe risk has been pursued by innovative marketeers for more than 25 years.

Hong Kong city skyline

The CatCo crunch…

*1.1 Retro quotes being re-priced ** Ajit’s phone “already ringing” *** Late renewal just got a lot tougher

Brexit-megaphone

Brexit – continuing to be heard

London market lobbying group LMG says there is much work to be done ahead of “Brexit” regardless of what occurs in Westminster next week