Swiss Re estimates its third quarter claims burden for large losses related to both natural catastrophes and man-made events will be $1.4bn.
Following the news that the Standard Club’s Syndicate 1884 is to be placed into run-off, sister publication The Insurance Insider has revealed that the syndicate’s backers are mulling an alternative future for the business.
The Standard Club’s Syndicate 1884 is to be placed into run-off after it was withdrawn from the Lloyd’s planning process for 2019, it has been revealed by sister publication The Insurance Insider.
The downstream energy market is reported to be anticipating an insured loss of up to $400mn following a fire at a Canadian oil refinery.
For many in the market, “MGA” is a four-letter word. Poorly managed MGAs have generated a negative reputation that affects the entire MGA model.
Blockchain offers a real opportunity to significantly reduce paperwork, while also delivering improved auditability, argues Darren Wray, CEO of Fifth Step
What really drives reinsurance purchasing is a question the fac market would love to answer, so we are grateful to Willis Towers Watson for providing some background. Inside FAC takes a look
With digital technology playing an increasingly bigger role in both business and personal life, the facultative reinsurance sector has the ability to seize opportunities both internal and external
Lloyd’s reputation as a specialist D&F market is under threat amid competition and underperforming classes of business
Broker facilities, new coverholders, centralised buying and consolidation of cedants have altered Italy’s facultative market, still feared in London for med-mal horror stories
From Galapagos to the Amazon jungle, Ecuador is famed for its ‘megadiversity’ of endemic species. And while its insurance sector remains marine-heavy, fac opportunities look equally diverse
A recent Aon report highlights new exposures at risk from the latest breed of terrorists. Inside FAC reviews what’s at stake
Head of open market property, Beazley
Sean McGovern, chief compliance officer and head of regulatory and government affairs, XL Catlin
Thank you for printing this article from Inside FAC.
If you have been given this article by a subscriber, you can contact us through www.insidefac.com .
RENEWABLES: What's in store?
Battery storage promises to be big news not only for renewable energy specialists, but for the power market as a whole. Inside FAC plugs into the network