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Markets

Outlook 2018: Five predictions for the London market in 2018

It's not all about rates. There are some more fundamental issues for the market to address. 

London Lloyds Technology

Specialty

Set Alert for Insurance Day Markets :: Specialty

Latest From Specialty

Insurers ask whether their policy pays out cash or carbon

The growth of carbon credits creates a new insurance market with new business models – and some insurers are redeeming policies in carbon credits instead of cash

International Climate change

The insurance industry should keep an eye on Red Sea attacks

While the Houthi attacks in the Red Sea are being managed there is a real risk to the global supply chain

Middle East and Africa Legal focus

Aegis London returns to cyber market

Lloyd’s insurer hires two cyber underwriters from AIG to spearhead re-entry into the class

London Lloyds

Optio appoints Goodhew as non-exec

Former Aspen executive joins board of specialty managing general agent 

London Specialty

Convex books first full-year profit on strong underwriting result

Bermuda-based carrier reports combined ratio of 89.6% in 2023 as gross written premiums climb 39% to $4.2bn

North America Bermuda

Liberty Mutual restructures international business

Global Risk Solutions restructure sees creation of new international insurance business division and the unification of two business operations in Asia

Asia Pacific Specialty
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Reinsurance

Set Alert for Insurance Day Markets :: Reinsurance

Reinsurers brace for commercial property and engineering losses from Dubai floods

Continued flooding could force up premiums and reinsurance costs, AM Best warns

United Arab Emirates Property

Munich Re reorganises Asia and Africa operations

Reinsurance giant shuffles regional executives in Asia and Africa, moving Kotak and Eckl

Munich Re Asia Pacific

James River completes sale of JRG Re

Sale of casualty reinsurance unit to Fleming Intermediate Holdings ends weeks of dispute between the two parties

Bermuda Casualty

MS Re names Hottinger head of EMEA P&C division

Switzerland-based reinsurer hires former Axis Re executive to drive growth in European, Middle East and Africa markets

Europe Middle East and Africa

Aspen launches collateralised casualty re/insurer

Pando Re will participate in Aspen's casualty, global professional lines and cyber insurance and casualty reinsurance business lines

Bermuda Aspen

Hannover Re sponsors first cat bond to cover cloud outages

Reinsurer secures $13.75m of retro coverage through Cumulus Re issuance

United States Hannover Re
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Property, Casualty & Legacy

Set Alert for Insurance Day Markets :: Property, Casualty and Legacy

Reinsurers brace for commercial property and engineering losses from Dubai floods

Continued flooding could force up premiums and reinsurance costs, AM Best warns

United Arab Emirates Property

Axis names Morley US head of E&O

Morley joins from Argo Pro, where she was senior vice-president

United States Axis Capital

Allstate tallies $731m in Q1 catastrophe losses

US property/casualty group books $328m of pre-tax catastrophe losses during the month of March

United States Allstate

Travelers sees no immediate return to Florida homeowners' market

US insurance giant will continue to evaluate the Florida market, chief executive says

United States Travelers

Munich Re Specialty appoints McKernan to senior property role

McKernan will lead property underwriters overseeing public entities and not-for-profit companies

Munich Re Property

James River completes sale of JRG Re

Sale of casualty reinsurance unit to Fleming Intermediate Holdings ends weeks of dispute between the two parties

Bermuda Casualty
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