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Amlin upbeat over rating environment
16 May 2013
Amlin plc has adopted a broadly positive outlook over rating in its latest trading statement, including including US P&C and marine liability… Read more
Marsh calls market meeting to debate $1.1bn Rio Tinto loss
15 May 2013
The cave-in at Rio Tinto's massive Bingham Canyon mine in April is now thought to have caused a loss to the direct and facultative (D&F) market of up to $1.1bn, Inside FAC understands… Read more
The FAC Door
10 May 2013
Blimey oh riley, the arrivals and departures lounge has been all a flutter this month after so many AIG heavyweights, including the head of its Lexington arm, Dave Bresnahan, and its US P&C supremo Peter Eastwood unexpectedly turned up, en route to Berkshire Hathaway… Read more
Country profile: Australia
10 May 2013
Australia has never been far from the news for the fac market in recent years, with mining claims in particular hitting the headlines. Inside FAC takes a trip down the shaft… Read more
Sector profile: Offshore energy
10 May 2013
What do you get if you add abundant capacity and a modest loss experience? Yes, you guessed it... Inside FAC takes a peek at the rating scene for the vibrant offshore (re)insurance market… Read more
Analysis: Political violence
10 May 2013
With the news that QBE is planning to expand its south-east Asian political violence (PV) book with the appointment of a new underwriter in Singapore, there's little doubt that this niche area of cover is now centre stage… Read more
Inside FAC Profile: Shane Doyle
10 May 2013
Shane Doyle, CUO, Dual… Read more
News digest
10 May 2013
A&H head Branch to leave Beazley; Catlin lifts top line 12%; Mapfre reinsurance grows; Perils embraces Italy; Construction aids XL; Ascot continues US drive; Cathedral up for sale; Swiss Re posts $1.38bn Q1 net income; Scor sees credit book shrink; AJ Gallagher continues brokerage upswing; Infrassure downgraded; Fac boosts Aon revenues; New Islamic London insurer launched; Non-life lifts Hannover Re's first quarter… Read more
MarketScout warns on US P&C pricing
10 May 2013
Berkshire Hathaway's imminent entrance to the excess and surplus (E&S) market may derail the nascent hardening of US commercial insurance prices, according to Richard Kerr, CEO of MarketScout… Read more
Lloyd’s criticises BP-Transocean ruling
10 May 2013
A US court's decision earlier this year on the dispute between BP and Transocean could "radically" re-allot liabilities in a "significant number" of energy policy contracts, according to Lloyd's. In addition, Lloyd's said the opinion could "significantly" hurt insurers by adding a new uncertainty to the interpretation of thousands of existing policies… Read more
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