The Insurance Insider is relied upon by senior industry figures and investors for its insight & intelligence. Key trends are identified and analysed, tomorrow's news is broken today and the world's events and losses are dissected for what impact they will have on the industry, its balance sheets and share prices.
AIG general insurance CEO Peter Zaffino told attendees at a conference in New York that the carrier still has “a lot to do” to its property book in 2020 as it continues remediation efforts...
Specialty London market MGA CFC Underwriting is targeting to grow to £400mn ($525.4mn) of premium for the coming year after it sourced additional capacity at its binders renewal for growth...
Lloyd’s has raised £300mn ($394mn) in senior debt to fund the solutions announced in its Blueprint One transformation programme...
AmWins has initiated a debt refinance that will see it issue $500mn of new debt ahead of the payment of a $500mn dividend to shareholders early next year...
The People’s Insurance Company of China is deploying capacity into the Latin America market through a start-up founded by a former Brit underwriter, The Insurance Insider can reveal...
Aioi Nissay Dowa Insurance (ADI), part of the MS&AD group, is set to transfer to Riverstone Insurance its discontinued business lines administered through its UK branch...
Scor has signed a $300mn contingent capital agreement underwritten by JP Morgan, which would provide the bank with equity in the reinsurer in the event of a major disaster...
Lloyd’s premium growth in 2020 will be heavily skewed towards better-performing syndicates as the Corporation seeks to incentivise the...
Lloyd’s expects the wind-down of the Lloyd’s Scheme in Singapore to provide further impetus to a platform which is predicted to swerve underwriting losses in the current year...
Lloyd’s market expense ratio is expected to see a 0.4 percentage point improvement to 38.5 percent for 2020 as a decline in acquisition costs is partially offset by a rise in admin costs...
