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Opinion: Surety is just too volatile for the new AIG

Large limits, multi-year exposures and huge volatility evoke the company Duperreault inherited.

Enstar proffers potential $34mn stock windfall to CEO

The stock-performance-related plan comes as the carrier extends Dominic Silvester's contract, and those of the president and COO, by three years.

Swiss Re CorSo takes EMEA property and specialty head from AGCS

Bianca Willauer joins after 10 years with the Allianz-owned specialty carrier.

Axa narrows list of bidders for EUR1bn eastern Europe ops: report

Generali and two Austrian insurers reportedly remain in the race.

• AIG leads Kobe Bryant crash aviation policy
• Brown & Brown records 5.2% increase in organic revenue
• AIG withdraws from surety market globally
• TransRe tips Japanese typhoon reinsurance rate hikes of 40-50%
• Brewer Lane makes first investment with $15.2mn to Socotra
• Travelers’ aggregate treaty yields $101mn recovery

Opinion

The current Florida hoo-ha misses the manatee in the swamp – under-reinsurance

No precedent has been set on what a cat loss looks like for cyber

By leaving their policyholders stranded, insurers risk harming the reputation of the entire industry

Loss-cost inflation was always going to accelerate in the casualty sector

In Brief

Stone Point buys Safe-Guard stake from Goldman Sachs

Puerto Rico insurance commissioner steps down

Lockton hires Ireland CEO from JLT

NFP acquires Arizona-based Koty-Leavitt

Davies Group moves into insurance law with Keoghs deal

Marsh acquires private equity specialist Ironwood

Analysis

Insider 50 slips as US nationwide carriers decline

Our (re)insurance benchmark largely shrugs off wider equity-market losses driven by coronavirus fears.

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.

Ten themes for 2020 in (re)insurance

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

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

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

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.

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• US Property Cat
• Political Risk
• Political Violence
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