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Ill-disciplined underwriting in the soft market is building up a store of problems and potential legal disputes, which will only manifest when market conditions eventually improve and reinsurers feel they again have the leverage to dispute questionable claims. 21 October 2014
Insurance
The board of the Association of British Insurers (ABI) has appointed Tidjane Thiam to be the association’s next chairman. 28 June 2012
Insurance
Insured catastrophe losses in 2015 were below average, according to a new report by Guy Carpenter, despite the year being one of the strongest El Niño periods on record. 22 March 2016
Insurance
Broker Lineslips, the practice whereby insurers or reinsurers delegate their underwriting authority to a broker on business that they had traditionally placed in the open market, can be disruptive to the market as a whole. 9 September 2013
Alternative Risk Transfer
Rapid growth in the ILS sector has led to concerns that when a major catastrophe occurs, investors will face unexpected losses leading to panic and a rush of funds out the market, says Jay Patel, insurance analyst at business information service Timetric. 18 February 2016
News
The quietest US Atlantic hurricane season in decades will lead to a low double-digit fall in related catastrophe reinsurance pricing in the key 2014 renewals, says Fitch Ratings. 3 December 2013
Insurance
Michael McGavick, chief executive officer of XL Group, has been appointed as chairman of The Geneva Association. 6 June 2013
Insurance
Richard Olver, vice president EMEA at Tanium, takes a look at the costs of cybercrime and what companies should be looking at. 8 December 2015
Insurance
ACE posted healthy growth in its first quarter results driven largely by its property/casualty book, especially in North America where rate increases were also achieved. But its profits for the quarter dipped substantially. 30 April 2014
Insurance
The renewable energy sector is growing quickly, attracting new competitors. But only companies with the attributes of expertise and the ability to write big lines will win in the long term, says Michael Bernay of PER se 19 November 2013
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