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Axis warns of 'modest' Q4 operating profit

The Bermuda carrier is to book $140mn of weather-related losses and another $29mn from agricultural reinsurance.

McGriff non-compete declared mostly ‘void’ for CAC hire McCollister

The legal ruling is another blow to McGriff in its battle over the loss of senior employees to the rival.

Biba warns of ‘severe shortage’ of construction PI cover

In its 2020 manifesto the brokers’ association demands action to get the market segment moving.

Ten themes for 2020 in (re)insurance

This publication looks at the 10 most prevalent industry trends for the year ahead.

• Boeing and space losses push aviation into red for 2019: AJ Gallagher
• Opinion: Casualty loss-cost inflation was always going to accelerate
• Lloyd’s silent cyber action raises market worries
• Aviva chairman Montague to step down this year
• AIG reshuffles regional GI CEOs as Shah departs
• Opinion: The casualty reserving crisis and Q4

Opinion

Start-ups will need all their skill and guile to contest the incumbency of the big brokers

After four years of relative underperformance, does the next Willis CEO need to be external?

A note of caution for brokers: when it comes to captives, look before you leap

Hancock’s departure is a blow to Lloyd’s at a time when positive momentum has been building

In Brief

Davies Group moves into insurance law with Keoghs deal

Marsh acquires private equity specialist Ironwood

Brown & Brown buys Dallas-based Texas All Risk

Arch Capital installs insider in divisional COO role

Selective appoints Albert as executive VP of business development

Ed Bermuda hires Kelley from Sompo as liability head

Analysis

D&O: New data points to excess pricing surge

However, there's more to re-underwriting an excess book than price alone, Inside P&C analysts noted.

Pulled Lloyd’s capacity since Advent closure totals £1bn

Neon closure brings total number of shuttered syndicates since 2018 to eight.

AIG link with Voya brings 2020 challenges into focus

Speculation linking AIG with a bid for Voya highlights the competing operating and capital allocation challenges facing company in 2020.

Clients go underinsured as limits slashed in excess casualty

Pricing continued to rise at 1 January amid a capacity squeeze and social inflation.

Career changes lead to a shakeup in the D&O Rankings

Two professionals win the underwriter rankings and RKH Specialty’s Jason Rose climbs to the top of the broker podium.

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