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Regions

London

Set Alert for Insurance Day Regions :: London

Focus: Market engagement is critical to improving the UK ILS regime

The government is committed to making the UK's regime more competitive, but it will come to nothing if the market continues to sit back and wait for business to come to it

Regulation InsuranceLinked Securities

Ardonagh's earnings rise sharply as it capitalises on platform

Advisory and retail drive revenue growth

United Kingdom Brokers

StockWatch: Talanx shares surge 44% as insurance stocks rebound

European insurance stocks rally 27% after US stimulus prompts historic bounce

Europe United Kingdom
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Bermuda

Set Alert for Insurance Day Regions :: Bermuda

Bermuda relaxes regulations for re/insurers in response to Covid-19

Italy has eased Solvency II requirements

Bermuda Italy

Aspen net loss widens to $241.7m in 2019

Combined ratio rises to 108.5%

Aspen North America

Argo: Tough task ahead for Rehnberg as CEO contract confirmed

Kevin Rehnberg will need to deliver significant improvements to Argo’s underwriting performance after being handed a three-year contract to lead the Bermudian re/insurer

Argo North America
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Europe

Set Alert for Insurance Day Regions :: Europe

Cyclone Victoria insured loss pegged at €286m

Loss estimate for the storm, also known as Dennis in the UK, does not cover flood losses

Europe Property

Scor postpones AGM

Scor is pushing back the date of the meeting to June 30 because of the Covid-19 pandemic 

Scor France

Focus: Market engagement is critical to improving the UK ILS regime

The government is committed to making the UK's regime more competitive, but it will come to nothing if the market continues to sit back and wait for business to come to it

Regulation InsuranceLinked Securities
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Americas

Set Alert for Insurance Day Regions :: Americas

Fronting carrier Obsidian launches

Genstar Capital-backed firm targets growing market with $100m of capital

North America

Sirius launches sales process

China Minsheng looks to exit its stake

Reinsurance North America

Cyber insurance purchasing increases in US in 2019: Marsh

Growing recognition of cyber threat driving demand

North America Cyber
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Asia-Pacific

Set Alert for Insurance Day Regions :: Asia-Pacific

QBE drops financial targets due to Covid-19 uncertainty

Australian carrier adds premium rate movements in the first quarter continued the ‘strong trends’ reported in the second half of 2019

Australia QBE

Japanese renewals 'largely unaffected' by Covid-19 crisis

Consensus is that reinsurance renewals at 4/1 could see hikes of 40% to 50%

International Japan

Japanese insurers' credit fundamentals unchanged: AM Best

Can withstand adverse market conditions of Covid-19 and equity volatility

Japan Coronavirus
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Middle East and Africa

Set Alert for Insurance Day Regions :: Middle East and Africa

Viewpoint: Pressure on traditional distribution models is tough test for incumbent players

The basic distribution models are being challenged in the Middle East, both by regulators and by technology-driven entities seeking to disrupt the distribution chain

Focus Distribution

Focus: Regulatory action will drive uptake of D&O liability cover in the Middle East

Claims against directors and officers are set to increase as countries across in the region align their corporate governance regimes with international standards and reporting requirements

Casualty Middle East and Africa

Focus: Market must develop more flexible solutions to the risk of vessel detention in the Persian Gulf

Shipowners are turning to strike and delay-type coverages to help mitigate against the high cost of marine war risk insurance in the region

Focus Political Risk and Trade
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Global

Set Alert for Insurance Day Regions :: Global

AFL hires Poole to launch ILS risk advisory

James Poole, formerly of Geospatial Insight, joins as head of specialty

Technology People moves

Companies House: RenRe, Allied World and Validus take greatest COR hit from cat losses

Cat loss figures and recoveries provide interesting insights into exposures and the importance of reinsurance and retrocession protection

Europe

Companies House: Cats, reserves and taxes dominate the US outlook

As US insurers start to report their full-year results, the scale of the catastrophic loss hit they face is just one of a number of issues in the spotlight

North America
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