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Alternative Risk Transfer
The conservative win in the recent UK election offers welcome stability and policy continuity for the UK, according to broker Aon, which also noted that it looks forward to proposed regulatory changes that could enable insurance-linked securities (ILS) to be issued from the UK. 11 May 2015
Insurance
Italian underwriting agency Marintec has entered into a strategic partnership with PartnerRe Wholesale, the specialist SME division of global reinsurer PartnerRe. 11 May 2015
Insurance
Windstorms Mike and Niklas (called Lentestorm in the Netherlands), which caused significant damage across parts of Western and Central Europe, could cost insurers €853 million, according to PERILS, the catastrophe insurance data company. 11 May 2015
News
Increasing global capital which is focused on the reinsurance industry is adding further pressure on reinsurers and rating conditions, according to the latest reinsurance market report from Willis Re. 8 May 2015
Insurance
Profits dropped slightly at Zurich Insurance in the first quarter of 2015 as its chief financial officer admitted there remain areas where the business needs to improve. 8 May 2015
Insurance
Insured losses are expected to reach $2 billion in the US following significantly increased thunderstorm activity in April, according to Impact Forecasting, Aon Benfield’s catastrophe model development unit. 8 May 2015
Insurance
Imperium Insurance Management, the MGA which is soon to be launched in conjunction with Direct Insurance Group, has secured capacity with XL Catlin. 8 May 2015
News
The Navigators Group achieved growth across its US casualty, international marine and international management liability and E&O divisions though its net income dipped and book as a whole shrank in the first quarter of 2015. 8 May 2015
Insurance
The use of managing general agents (MGAs) has increased in response to tough market conditions and the changing business model of the re/insurance industry. Below, Intelligent Insurer profiles 50 of the leading MGAs by turnover, comparing year on year pre-tax and operating profit. 7 May 2015
Insurance
Specialist insurer Markel has posted a solid set of results for the first quarter of 2015 as it benefitted from a jump in income and a healthy combined ratio. 7 May 2015
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