Beyond the shock of how a hairstyle of such magnificence and strangeness could be accepted by the US electorate, we have to seriously ask what the ramifications of Donald's Trump's astonishing victory in the US election might be for the (re)insurance market.
With little sign of respite so far in 2016, and off the back of an extended period of fairly brutal rating decreases, the major players in the facultative reinsurance market have started to retrench from poorly performing lines and territories.
After a turbulent period that has seen increased retentions, expanded treaty provisions and centrally imposed buying strategies assail the fac market, it would appear that demand for the product is now extremely healthy as many cedants take advantage of keen pricing.
Hannover Re has experienced an increase in the frequency and severity of claims in its credit and surety book in 2016, according to CEO Ulrich Wallin.
The insurers of the infrastructure owner and operating company connected with the tram service that crashed in south London on 9 November are awaiting the outcome of investigations.
The cost to property (re)insurers of a potential business interruption (BI) claim from a BASF factory explosion in October remains uncertain, despite the encouraging news that the facility restarted production soon after the incident.
The marine cargo market is eyeing a $196mn claim to reimburse satellite operator Spacecom for the loss of the Amos-6 spacecraft which was destroyed during fuelling of the Falcon 9 launch vehicle in September.
A magnitude 5.0 earthquake that struck 2km away from what is said to be the world's largest oil storage terminal, in Cushing, Oklahoma, is not believed to have caused major damage to the site.
The development of the Indian facultative market is continuing apace with Scor expecting to start writing credit reinsurance from its Indian branch office from 1 April 2017, having received approval from the regulatory authorities.
With facultative reinsurance pricing continuing to remain extremely competitive, it should come as no surprise that global insurance rate decreases moderated for the third quarter in a row, according to data from Marsh.
Following news that XL Catlin is restructuring its operating model it emerged the carrier is to part company with both its UK and its Europe, Middle East and Africa (EMEA) insurance CEOs.
XL Catlin has rolled out new consumer product recall insurance cover aimed at the UK manufacturing market.
Allianz Global Corporate & Specialty made a significant contribution to growth in Allianz's P&C segment, with operating profits more than doubling to EUR213mn for the third quarter of 2016.
Fac is a funny old world and is perhaps one of the most volatile areas of the entire (re)insurance market - and rightly so, given that it is such a fast and responsive tool for underwriters, reacting with speed and efficiency to cedant demand and local conditions, often in the event of a substantive loss experience.
As one seasoned fac market veteran recently said to Inside FAC: "Who'd be in mining? It just keeps on coming with these big hits. It really is a bugger"
Is the D&F market alert to the physical consequences of cyber-attacks?
Rates for UK rail business have been constrained by abundant capacity and a lack of major losses, but even in the more loss-prone European market there are few signs of hardening, finds Inside FAC
The re-branding of Cooper Gay to the oddly named "Ed" has convinced The Deep Shaft that there must be a wry sense of humour at work behind the scenes at the London wholesale broker.