26 April 2017

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Major claims hit 5-year high at Lloyd’s

6 April 2017

A healthy profit helped by investment and FX gains only served to paper over the widening D&F cracks in the Lloyd's market, as Inside FAC discoversRead more


Cat claims cost Generali EUR295mn

6 April 2017

Catastrophe claims fell slightly for Generali last year to EUR295mn from EUR313mn in 2015Read more


BW FPSO loss settles for EUR470mn

6 April 2017

A 2015 explosion at a floating production, storage and offloading unit (FPSO) owned by BW Offshore has settled for EUR470mn, a figure at the upper end of expectations, Inside FAC can revealRead more


Pernod Ricard burns through NZ quake limit

6 April 2017

Global drinks manufacturer Pernod Ricard's insurance recoveries from the recent New Zealand temblor have been limited as a result of an earthquake sub-limit in its insurance programme, Inside FAC can revealRead more


Mining production shortfall limited post-Queensland flooding

6 April 2017

The economic impact of torrential flooding in the wake of Australia's recent Cyclone Debbie has been less severe than previous events for the region's major coal mining producers due to infrastructure investmentRead more


US frame builders’ market in line for $160mn fire losses

6 April 2017

The US frame builders' risk (FBR) market looks set to experience a similar upset to that experienced in 2014 if a series of construction fires this year prove to be total losses for (re)insurersRead more


Downstream market sees fac pullback

6 April 2017

With extremely challenging rating conditions and 2017 losses to date already close to $1.2bn, facultative reinsurance support for downstream energy programmes appears to be retrenching, according to JLT SpecialtyRead more


2016 claims frequency hits Apollo

6 April 2017

Property direct and facultative (D&F) specialist Apollo Syndicate 1969 posted a $5.4mn loss for the 2016 calendar year (2015 profit: $11.8mn) as its combined ratio soared from 93 percent to 102 percent year-on-yearRead more


CBI returns to sting European fac market

6 April 2017

In a development likely to reignite the debate over the need for a standalone reinsurance product, significant CBI claims have hit the fac market following a fire at an auto parts factory in the Czech Republic, Inside FAC can revealRead more


Willis Towers Watson appoints Querfurt as natural resources head

4 April 2017

Willis Towers Watson has hired Thorsten Querfurt from Oliver Wyman as global industry leader of its natural resources divisionRead more


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