Florida sign

FHCF yet to make decision on reinsurance: sources

2019-05-22T21:52:00+01:00

Florida’s state-backed catastrophe fund is yet to decide whether it will go ahead with the proposed renewal of its $1bn reinsurance cover, The Insurer understands.

Bill Goldstein – Redbird Capital Partners

Goldstein to launch insurance platform with PE backing

2019-05-22T13:49:00+01:00

Former Integro CEO Bill Goldstein is working on a new insurance platform with RedBird Capital Partners, the private equity hybrid investment firm that has a funding commitment from Ontario Teachers, The Insurer can reveal.

Lockton logo

Lockton generates 11% organic growth in the US

2019-05-23T02:39:00+01:00

Lockton reported strong organic growth in the US and internationally for the fiscal year ending 30 April 2019 and said the move to build out its reinsurance platform will provide further fuel for top line expansion.

Marsh

TRIPRA uncertainty is creating additional reinsurance demand: Marsh

2019-05-22T18:14:00+01:00

A new report from Marsh has outlined the impact allowing the US terrorism backstop to expire at the end of 2020 would have, and revealed that insurers are already seeking additional reinsurance limits and coverages.

Boeing and Rolls Royce

Aviation market faces $1bn cash call in 2019

2019-05-22T16:23:00+01:00

The fragile aviation insurance market is facing the prospect of a $1bn cash call in the second half of 2019 as a result of two of the largest claims it has had to face in a decade, The Insurer can reveal.

Bill Goldstein – Redbird Capital Partners

Goldstein to launch insurance platform with PE backing

2019-05-22T13:49:00+01:00

Former Integro CEO Bill Goldstein is working on a new insurance platform with RedBird Capital Partners, the private equity hybrid investment firm that has a funding commitment from Ontario Teachers, The Insurer can reveal.

Lockton logo

Lockton generates 11% organic growth in the US

2019-05-23T02:39:00+01:00

Lockton reported strong organic growth in the US and internationally for the fiscal year ending 30 April 2019 and said the move to build out its reinsurance platform will provide further fuel for top line expansion.

Marsh

TRIPRA uncertainty is creating additional reinsurance demand: Marsh

2019-05-22T18:14:00+01:00

A new report from Marsh has outlined the impact allowing the US terrorism backstop to expire at the end of 2020 would have, and revealed that insurers are already seeking additional reinsurance limits and coverages.

Boeing and Rolls Royce

Aviation market faces $1bn cash call in 2019

2019-05-22T16:23:00+01:00

The fragile aviation insurance market is facing the prospect of a $1bn cash call in the second half of 2019 as a result of two of the largest claims it has had to face in a decade, The Insurer can reveal.



Pensions

A brief history of Canadian pension funds’ love of insurance

Canadian pension funds in recent years have made large direct investments in insurance players like Ascot, Allied World, AmWINS and USI. The signs are that investment activity may increase this year.

Aerospace – London

London’s aviators continue to play musical chairs as rates and losses climb

The London aviation market is in a state of flux – witnessing a string of people moves spurred on by M&A and new broking and underwriting entrants against a backdrop of large losses, regulatory scrutiny, capacity withdrawals and hardening rates.

Notable variations in Q9 2017 Lloyd's syndicate result forecasts i

Lloyd’s syndicates’ 2017 forecasts finally stabilises after Irma creep

Lloyd’s troubled 2017 year of account is finally stabilising after a series of quarters where syndicates scrambled to update their estimates in response to loss creep from the year’s cat events.

Pensions

A brief history of Canadian pension funds’ love of insurance

Canadian pension funds in recent years have made large direct investments in insurance players like Ascot, Allied World, AmWINS and USI. The signs are that investment activity may increase this year.

Aerospace – London

London’s aviators continue to play musical chairs as rates and losses climb

The London aviation market is in a state of flux – witnessing a string of people moves spurred on by M&A and new broking and underwriting entrants against a backdrop of large losses, regulatory scrutiny, capacity withdrawals and hardening rates.

Notable variations in Q9 2017 Lloyd's syndicate result forecasts i

Lloyd’s syndicates’ 2017 forecasts finally stabilises after Irma creep

Lloyd’s troubled 2017 year of account is finally stabilising after a series of quarters where syndicates scrambled to update their estimates in response to loss creep from the year’s cat events.



Tom Johansmeyer – ILW

What happens when an ILW trigger underdelivers? A critical look at 2018…

Last year the industry was reminded of the importance of using accurate loss data triggers for ILWs. Will the lesson be learnt, asks Thomas Johansmeyer, co-head of PCS.

E David Burt – Bermuda

Finally some good news for Bermuda…

It’s not been a great year thus far for Bermuda’s (re)insurance industry and, by extension, the island’s economy.

Key price predictions for remainder of 2019 i

A psychological shift

As with broad market transitions of the past, there doesn’t appear to be any one catalyst driving what looks to be a long-awaited change in the US commercial insurance market.

Tom Johansmeyer – ILW

What happens when an ILW trigger underdelivers? A critical look at 2018…

Last year the industry was reminded of the importance of using accurate loss data triggers for ILWs. Will the lesson be learnt, asks Thomas Johansmeyer, co-head of PCS.

E David Burt – Bermuda

Finally some good news for Bermuda…

It’s not been a great year thus far for Bermuda’s (re)insurance industry and, by extension, the island’s economy.

Key price predictions for remainder of 2019 i

A psychological shift

As with broad market transitions of the past, there doesn’t appear to be any one catalyst driving what looks to be a long-awaited change in the US commercial insurance market.