3 May 2016

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Probitas boosts property D&F with hire of Atriumís Hubbard

29 April 2016

Recent direct & facultative (D&F)-focused start-up Probitas Syndicate 1492 is continuing its keen expansion with the hire of Robbie Hubbard from Atrium as a property underwriterRead more


Weather derivatives and loss creep hit Swiss Re Q1

29 April 2016

Swiss Re's insurance arm, Swiss Re Corporate Solutions (SRCS), saw net income more than halve during the first quarter of 2016, partly due to losses from weather derivative products offered to clientsRead more


Scor P&C top line trimmed in Q1

28 April 2016

Scor saw its property casualty year on year gross written premium decrease by 1.6 percent (-1.1 percent at constant exchange rates) to some EUR1.38bn during the first quarter of 2016, impacted in part a lower level of activity on the aviation sideRead more


Staying schtum

22 April 2016

Love the timing! According to rating agency AM Best's report on reinsurance released this week, the success or failure of the varied business models and the companies that adopt them remains to be seen, and will most likely become clearer once losses return to more normalised levelsRead more


Everest Re expands into credit and political risk unit

22 April 2016

Everest Re has expanded its Everest Insurance platform with the launch of a credit and political risk unit, the company announced today (22 April)Read more


FLNG Ďcolossalí challenge for insurers

22 April 2016

The introduction of large and complex floating liquid natural gas (FLNG) vessels into the energy market poses a "colossal" challenge for insurers, according to a leading loss adjusterRead more


Reinsurance earnings down despite benign cats: Willis Re

22 April 2016

A continuing period of benign natural catastrophe losses, which has reined in deterioration of combined ratios, was offset by significant downward pressure on reinsurers' underlying profitability in 2015, according to Willis ReRead more


Pemex programme could swerve Mexican petrochemical plant claim

22 April 2016

The (re)insurers on troubled Mexican state-owned energy behemoth Pemex's programme are likely to avoid a pay out as a result of the explosion at the Pajaritos petrochemical complex on 20 April, Inside FAC understandsRead more


Texas hail losses hit Travelers Q1 bottom line

22 April 2016

US insurer Travelers reported a 17 percent fall in net income for the first quarter of 2016, to $691mn from $827mn in the prior-year period, primarily due to a $156mn increase in catastrophe losses during the quarterRead more


European property and specialty lines drive Aspen Q1

22 April 2016

Growth in its property book and certain casualty areas helped Aspen record an $89.9mn Q1 operating profit for 2016 - though this was still 8 percent down on the same period last year, as a result of a deterioration in its reinsurance businessRead more


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