As some territories slide into negative interest rates, one wonders when the current economic madness will end and we will finally emerge into the sunlit uplands of normality.
With record capacity in the energy (re)insurance market and little room for manoeuvre, a number of players, both established and more recent, are demonstrating a healthy appetite for writing facultative reinsurance that is set to usher in a new phase of the market.
Marsh is planning to extend its recently launched Echo facility across its international financial lines book, Inside FAC can reveal.
Aspen Insurance is hiring two of XL Catlin's most senior casualty underwriters, Inside FAC can reveal.
The anticipated loss of an X-ray astronomy satellite developed by the Japan Aerospace Exploration Agency (JAXA) is unlikely to affect the niche space (re)insurance market, Inside FAC has learned.
The terrorist attack on Brussels Airport last month is likely to be covered by American International Group (AIG), Inside FAC understands.
Insured losses in the upstream energy market in the first quarter of 2016 have reached $347.5mn, following the news of Stena Drilling's potential $225mn Novia Scotia loss in March.
Several major storms that caused damage across much of the US in March have created insured losses of around $2bn, according to Aon Benfield's Impact Forecasting unit.
Lead markets on US Gulf of Mexico (GoM) windstorm risks appeared to be the only segment of the energy (re)insurance space offering resistance to yet another round of substantive rate reductions in the first quarter, according to the latest analysis by broker JLT Specialty.
Lloyd's is to apply for a licence to operate an onshore reinsurance branch in Mumbai following the publication of regulations by the Insurance Regulatory and Development Authority of India (IRDA).
Profits in specialty reinsurance business fell by 51 percent at Lloyd's in 2015 while casualty reinsurance recorded zero profit for the year, compared with £187mn in 2014.
FM Global's underwriting profits took a hit in 2015, as the commercial property specialist reported net income of $737.1mn for the year, down 23 percent from $956.4mn in 2014.
Brit will lead a new Lloyd's consortium to write commercial general aviation (GA) business.
With India finally opening up to foreign reinsurance competition there are significant opportunities for direct and facultative reinsurers, as Inside FAC discovers
Following a host of new entrants in the past couple of years, players in the energy liability market are starting to retrench from difficult areas
The recent Mars recall highlighted the extent to which firms still self-insure for contamination risks. Inside FAC assesses the appetite of the food and beverage and restaurant sectors
Hamilton Underwriting has confirmed the appointment of Miles Osorio as head of property direct and facultative (D&F), reporting to the syndicate's active underwriter Trevor Carvey.