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E&S stress: "When things look bad, they tend to end up worse than you expect"

New information disclosed by E&S players to date have largely confirmed our view of stress in localised pockets of the market.

Gavin Davis, April 29, 2019
Medmal: ProAssurance raises red flag on loss trends

#4 player in medmal flags concern over “broad loss trends” in healthcare liability

Gavin Davis, April 29, 2019
‘Many shareholders’ expressed support for Argo's strategy: Watson

CEO Mark Watson highlighted the importance of long-strategic thinking on the firm’s Q1 call amid activist pressure

Dan Lukpanov, April 29, 2019
Q1:19 First Look: No hard market for old men, but the micro-cycle is here

Heading into earnings, our primary research leveraging an extensive network of industry contacts made clear to us that there is real “fear” in many pockets of P&C market leading to significant dislocation and re-underwriting actions in localized segments of the market.

Gavin Davis, April 29, 2019
AIG’s head of US retail property departs

It is unclear who will replace Kryszon, who was based in Atlanta, Georgia.

Christopher Munro, April 26, 2019
Sirius ratings remain unchanged after CMIG default

AM Best’s comments follow the triggering of cross-default provisions on bonds issued by subsidiaries of the investment firm.

Christie Smythe, April 26, 2019
Rice latest exec to leave in Marsh-JLT outflux

Rice first joined JLT Specialty USA in 2014 following a 25-year career at Aon.

Laura Sanicola, April 26, 2019
CIAM resolves to continue focus on Kessler’s pay

The activist investor noted that more than 45 percent of Scor shareholders oppose Denis Kessler’s compensation.

Christie Smythe, April 26, 2019
Florida braced for late renewal as market ‘sits on its hands’

Discussions started early, but the complex negotiating environment means firm order terms could be delayed.

Laura Sanicola, April 26, 2019
Florida AOB measure 'helps' on reinsurance: Universal

Executives for the carrier said it is too early to say what the impact will be, but that it will likely be positive for the market.

Christie Smythe, April 26, 2019

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