ID Comment: Wildfire withdrawals bring reputational risk for insurers
California’s wildfire insurance market is experiencing turbulence in the aftermath of recent loss activity
Existing Subscriber?
Sign in to continue reading.
If content does not display, please refresh your browser.
New to Insurance Day?
Start a free trial today »
Register for our free email digests:
Register for our free email digests:
Jump To
Top Stories
Allianz strengthens presence in Brazil with SulAmérica deal
German insurance giant acquires property and casualty operations for €667m
One month left to enter the London Market Awards
Entries close on September 13
Industry can look to insurtech for talent strategies
The insurance industry should look at insurtech structures to help it attract and retain talent and keep up with the pace of technological change
Rising attritional losses drag on aviation market's recovery
High-frequency, low-severity claims are battering aviation insurers' results, but fierce competition means the market is struggling to address the issue
Specialty Updates
The Future at Lloyd's
Market warms to Lloyd’s delegated authority plans but devil is in the detail
New risk-based framework wins support although concerns have been raised over sub-delegation risks and the threat of a ‘two-tier market’
Neal aims to double Lloyd's market size
Lloyd’s CEO targets October 1 launch for two ‘syndicates in a box’
Brokers & Distribution
BGC hires Smaje as CEO of aviation launch
Willis Towers Watson global head of broking joins Marcel Chad
Aon and Guy Carpenter join forces on blockchain project
Brokers seek to improve efficiency of reinsurance placement process
July Highlights: Insight & Analysis
.jpg)
Retro crunch helps drive 50% rate hike for California wildfire loss-hit layers
Forced move away from aggregate to occurrence retro covers compounds problem for buyers
Global carriers must support the development of emerging markets
Insurers risk letting cyclical challenges blind them to the positive and more rooted structural trends in many emerging markets
Regulars
Deeper insight into market trends
Insurance Day’s regular sections, providing clarity on market trends and insight into their implications
ID Comment
ID Comment Company News
ID Comment: M&A in reinsurance will continue despite easing pressures
Despite recent cat losses, prices are not hardening enough to prevent smaller players continuing to seek scale and relevance
ID Comment: AIG200 move shows Lloyd’s competitors will also prioritise expense drive
Lloyd’s has targeted halving of expense ratio because market’s management knows a 10-point reduction will not be enough
ID Comment: Arch builds Lloyd’s scale through Barbican deal
Combination of two entities will significantly enhance Arch’s presence at Lloyd’s
.jpg)
Stockwatch
Stockwatch Company News
StockWatch: RSA rises 4% as it readies £350m bond issue
Hannover Re up 5%, buoyed by European equity market bounce-back
StockWatch: Beazley shares rally despite global fears
Insurance stocks prove resilient as recession signals prompt selloff
Stockwatch: Greenlight Capital Re shares surge ahead of strategic review
Chief executive David Einhorn says capital raise not needed to resurrect hedge fund reinsurer
StockWatch: Arch shares rise after Barbican buy
Scor shares sink despite H1 profit rise
Hot Topics
Making complex issues simple
Focusing on what matters to the market, understanding the forces that are shaping the industry
Lloyd's: Meeting the challenges
Lloyds Company News
Legal Focus: The regulatory challenges of the Future at Lloyd's
The role of the UK regulators will become prominent as Lloyd’s develops its vision for the future
Hamilton completes Pembroke and Ironshore Europe buy
TigerRisk's Ursano joins group as CFO
Lloyd’s syndicates smash e-placement targets
Syndicates beat targets by more than 10 percentage points
Legacy issues unsettle Lloyd's firming construction market
Rates are rising in the hard-hit construction market, but prior-year loss development means it could take many years to return the market to profitability
Digitalisation
Digitalisation Company News
Viewpoint: Can the Uber strategy work for commercial insurance?
Simply beating the competitors on price can work in the direct-to-consumer environment, but it is more difficult to do in the broker intermediated B2B context
B3i adds China Pacific as investor
Chinese carrier becomes 18th shareholder in blockchain consortium
Focus: The London market must shift its technology mindset
Buying more technology is not the solution. Thinking and operating differently is the key to bringing about change
Cyber
All rights reserved
You must sign in to use this functionality
Authentication.SignIn.HeadSignInHeader
Email Article
All set! This article has been sent to my@email.address.
All fields are required. For multiple recipients, separate email addresses with a semicolon.
Please Note: Only individuals with an active subscription will be able to access the full article. All other readers will be directed to the abstract and would need to subscribe.
Advertisement