January 2020 Reinsurance Renewals Varied Significantly, Brokers Say January 6, 2020 By L.S. Howard The January 2020 reinsurance renewals saw significant variation in pricing and capacity depending on geography, line of business, cedents’ loss...
Argo and Shareholder Voce Lay Down Their Swords, Agree to 3 New Board Members January 2, 2020 By L.S. Howard Argo Group International Holdings Ltd., the Bermuda-based re/insurer, announced it has agreed with activist shareholder Voce Capital Management to change...
Insurance Journal’s Top 10 International Stories of 2019 January 2, 2020 By L.S. Howard Mergers & acquisitions led the interest of readers of Insurance Journal’s International section during 2019, with three of the top...
MS Amlin to Exit U.K. P/C Classes as Part of Underwriting Review December 19, 2019 By L.S. Howard MS Amlin, the London-based re/insurer, said it will cease underwriting corporate property, real estate, casualty and package binders through its...
Argo Activist Shareholder Voce Renews Battle to Elect Independent Board Members November 27, 2019 By L.S. Howard Activist shareholder Voce Capital Management LLC is renewing its fight with the board of Argo Group International Holdings Ltd. This...
CEO of Gallagher’s UK Broker/Underwriting Unit Apologizes for ‘Insensitive Comments’ November 14, 2019 By L.S. Howard Simon Matson, CEO of Arthur J. Gallagher’s UK broking and underwriting business, has apologized for “insensitive comments” made when former...
Reinsurers Maintain Upward Pricing Momentum-But Will It Last? October 24, 2019 By L.S. Howard Positive pricing momentum—it’s the favorite phrase of many reinsurance executives, who are hoping that the momentum they’ve seen in 2019...
Reinsurers Look at Cyber’s Massive Growth Possibilities-With Caution October 22, 2019 By L.S. Howard Reinsurers are aware they must constantly invent new solutions in order to stay relevant for their clients. Yet, they admit...
Surplus Lines Premium Grows in Response to Weak Results; Top 15 E&S Writers: Fitch October 7, 2019 By L.S. Howard Direct written premiums in the U.S. excess and surplus (E&S) lines market during 2018 grew at its greatest rate since...
Cyber-Attacks Named as Top Business Risk in U.S., Canada and Europe, by WEF Survey October 1, 2019 By L.S. Howard Cyber-attacks are named as the leading risk for business executives in the United States, Canada and Europe, according to a...