17 March 2018

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South Dakota latest to sue opioid manufacturers

In a move that is being watched with keen interest by the US liability market, South Dakota has sued three major drugmakers, accusing them of deceptively marketing prescription opioids and contributing to a nationwide epidemicRead more

Markel International exits open market property

Markel International has confirmed it will cease to write London open market property business with immediate effect, blaming continuing poor rating and overcapacityRead more

Generali rebukes traditional reinsurance markets as P&C profits fall

Generali has issued a mild rebuff to the traditional reinsurance markets as part of its 2017 annual results, which revealed that P&C operating profits declined by 4.9 percent to EUR1.97bn ($2.44bn) as the group was buffeted by EUR416mn in catastrophe lossesRead more

Swiss Re and Munich Re aim for CHF1bn/EUR1bn share buy-backs

Swiss Re and Munich Re have announced share buy-backs for 2018 of CHF1.0bn ($1.06bn) and EUR1.0bn ($1.24bn), respectively, as the latter also set a profit target of up to EUR2.5bn for the yearRead more

Hannover Re P&C turns EUR519mn Q4 profit

Hannover Re has reported a 16.4 percent increase in operating profits for its property and casualty (P&C) reinsurance division, to EUR518.5mn for the fourth quarter of 2017Read more

Barbican appoints McGurk as D&O class underwriter

Barbican Insurance Group has hired Sarah McGurk from The Standard Syndicate as class underwriter for directors' and officers' (D&O) liability insuranceRead more

Morris to retire as Liberty Specialty A&H head

David Morris, Liberty Specialty Markets' (LSM's) head of accident and health (A&H) underwriting is set to retire, according to sister publication The Insurance InsiderRead more

Beach snatches Sutton and Humphreys from RFIB’s grasp

John Sutton and Toby Humphreys, former co-heads of Integro's UK operation who were due to join RFIB in senior roles, are instead heading to Beach to lead a new specialty and wholesale platformRead more

February US storms and European cold snap expected to cost hundreds of millions says Aon Benfield

The cold blast from Storm Emma which affected vast swathes of Northern and Central Europe at the end of February and beginning of March is expected to have an economic cost of "hundreds of millions" according to Aon Benfield, with business interruption claims hitting the (re)insurance market likely to figure highly as part of this figureRead more

News analysis

See more news analysis

Thunderbirds are go!

SpaceX's launch - and partial return to Earth - of the Falcon Heavy rocket was a majestic technical achievement. Is this a game changer for the niche space insurance market?Read more

Ratcheting up political risk

Protectionism, North Korea, the rise of the far right... turbulent political risk waters lie ahead, according to MarshRead more

Taming the Lion City

With international players expanding their specialty operations in Singapore, competition for D&F business with regional carriers is heating upRead more

Farming out FMD risks

Foot-and-mouth disease outbreaks can prove devastating for the agricultural and wider rural economy, but the risks can be (re)insurable under the right conditions, according to ScorRead more

Marcus - sketch

Nobody’s perfect

Sometimes size, swagger and downright good looks can get you an awfully long way in this funny ol' life of ours Read more

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