travelers_share

Travelers buys new $430mn North America agg cover

2019-01-22T23:02:00+00:00

Travelers bought a new $430mn North American property aggregate cat excess-of-loss cover at 1.1 that it says it would have fully recovered on in each of the last two years given the elevated level of industry losses.

travellers building

Travelers underlying underwriting results help offset higher cat losses

2019-01-22T13:38:00+00:00

Travelers reported fourth quarter core income broadly in line with Wall Street forecasts despite higher cat losses and lower reserve releases as better underlying underwriting performance, higher investment income and a lower tax rate boosted the bottom line.

K2-Insurance-Svcs-Logo2

K2 buys farm and agri MGA Mid America Risk Managers

2019-01-22T21:46:00+00:00

K2 Insurance Services has completed a deal to buy agricultural-focused specialty MGA Mid-America Risk Managers (MARM).

MMA

MMA to buy Florida’s Bouchard Insurance

2019-01-22T23:39:00+00:00

Marsh & McLennan Agency (MMA) has agreed a deal to buy Bouchard Insurance as it looks to build out its footprint in Florida.

JenCap Holdings logo

JenCap names new COO and CFO

2019-01-22T23:46:00+00:00

Acquisitive wholesale distribution platform JenCap Holdings has hired David Nielsen as corporate chief financial officer and promoted Mark Maher to COO.

travellers building

Travelers underlying underwriting results help offset higher cat losses

2019-01-22T13:38:00+00:00

Travelers reported fourth quarter core income broadly in line with Wall Street forecasts despite higher cat losses and lower reserve releases as better underlying underwriting performance, higher investment income and a lower tax rate boosted the bottom line.

K2-Insurance-Svcs-Logo2

K2 buys farm and agri MGA Mid America Risk Managers

2019-01-22T21:46:00+00:00

K2 Insurance Services has completed a deal to buy agricultural-focused specialty MGA Mid-America Risk Managers (MARM).

MMA

MMA to buy Florida’s Bouchard Insurance

2019-01-22T23:39:00+00:00

Marsh & McLennan Agency (MMA) has agreed a deal to buy Bouchard Insurance as it looks to build out its footprint in Florida.

JenCap Holdings logo

JenCap names new COO and CFO

2019-01-22T23:46:00+00:00

Acquisitive wholesale distribution platform JenCap Holdings has hired David Nielsen as corporate chief financial officer and promoted Mark Maher to COO.



Renewal pricing trends

Twin speed property market as casualty contradicts: Amwins

The US property insurance market continues to operate at two speeds, with significantly harder pricing trends for accounts exposed to catastrophe risk than for those that are not, according to Amwins.

Q4 cat preannouncements continue rolling in i

Q4 cat preannouncements continue...

As the industry gears up for the fourth quarter earnings period many carriers have prepared the market - and their investors - through a flurry of Q4 cat preannouncements, The Insurer tracks the movements.

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.

Renewal pricing trends

Twin speed property market as casualty contradicts: Amwins

The US property insurance market continues to operate at two speeds, with significantly harder pricing trends for accounts exposed to catastrophe risk than for those that are not, according to Amwins.

Q4 cat preannouncements continue rolling in i

Q4 cat preannouncements continue...

As the industry gears up for the fourth quarter earnings period many carriers have prepared the market - and their investors - through a flurry of Q4 cat preannouncements, The Insurer tracks the movements.

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.



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.

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.