News Home

Enstar grows stake in Watford to 9.1%, eyes active approach

Watford is reportedly evaluating a bid from Arch amid heightened pressure from shareholders to pursue strategic alternatives.

AIR estimates Sally losses at $1bn-$3bn

Sally buffeted cities and town as it moved across Alabama at speeds as low as 2 mph, the modeller said.

Dislocated retro market expected at 1.1 as capacity shrinks: panel

Collateralised capacity will retain an important role in the retro niche.

BHSI launches in French professional lines with AIG hires

Olivier Hamon and Alice Batchili will write executive and professional lines products from the carrier’s Paris office.

• THB’s Crane aims to double premium handled to $4bn
• Enstar restarts $150mn buyback, appoints former XL chief actuary to board
• KCC pegs Sally onshore property loss at $2bn
• Marsh Commercial to aid £500mn UK TV and film production scheme
• Reinsurance broking: The race for third place
• TS Beta threatens Gulf Coast while Hurricane Teddy nears Bermuda

Opinion

FCA BI process: The likelihood of a heavy loss rises, but some elements are a silver lining

The FCA's BI decision, including the important precedents it sets, will be appealed

If ever Lloyd’s needed a good set of numbers, it was now

With the market scattered and a high degree of uncertainty around 1.1, rhetoric and narrative building may matter more

In Brief

Generali GC&C promotes insider McDonald to Asia underwriting head

Lockton Re hires Gen Re UK and Ireland specialty head Firshein for international P&C role

Axis Re makes insider Rodriguez international credit and surety head

Darag completes reinsurance transfer with Axeria Re

Axis Insurance hires Europe aviation head

Catalina names Ingenhoven and Ruberry Swiss and Bermudian CEOs

Analysis

Executive pay 2019: Greenberg, Glaser and Wilson top the league table

Chubb CEO Greenberg's near-$20.5mn pay narrowly beats that of his closest rival.

Lloyd’s property, casualty and reinsurance segments book H1 underwriting losses

The property segment swings £1bn into the red from a small profit a year earlier.

Reinsurers’ RoE trails far behind cost of capital: Willis

Improved underwriting margins thanks to hardening rates were eclipsed by falling investment returns in the first half.

August marks fifth consecutive month of growth for the Insider 50

The index grew by 1.2 % over August as Floridian carriers and total return reinsurers lead.

Watkins and Horner lead the 2020 Political Violence Rankings

Horner stood his ground and won the broker ranking for the second consecutive year, while Watkins topped the underwriter league table for the first time.

• Cyber
• US Property Cat
• Political Risk
• Political Violence
• D&O
• Aviation