Europe
XL Catlin estimates $1.48bn of losses from Q3 natcats
Global insurer XL Catlin is estimating $1.48bn (£1.12bn) of losses from natural catastrophes in the third quarter.
Court gives Gable creditors extra year to register claims
Gable’s creditors now have an extra year to register their claims.
Scor braces for €430m nat cat bill in Q3
Scor estimates the cost of the Harvey, Irma and Maria hurricanes and the mexico earthquakes at €430m.
Eight out 10 brokers confident over London’s post-Brexit prospects
Eight out 10 London market brokers remain bullish over the prospect of the capital retaining its global position in the wake of Brexit.
Q&A: Chris Smith, Mapfre Global Risks
Mapfre Global Risks is working on a UK retail proposition, says Chris Smith, chief regions and markets officer – International.
Analysis: Hurricane harm
Hurricane season has caused devastation across the Atlantic but, despite the human death toll, the impact on reinsurers is likely to be limited
Penny Black's Social World - October 2017
Picture prizes, Harvey help, and determined dancers and drivers
WTW launches facultative reinsurance hub in DACH region
Willis Towers Watson has launched a facultative reinsurance business across Germany, Austria, and Switzerland.
Motor MGA Hawkwell in run-off following Ogden rate change
Exclusive: Motor managing general agent Hawkwell could close its doors at the end of March as a result of lost capacity from the Ogden rate changes.
CII restructures international division
The Chartered Insurance Institute has restructured its international operations.
2017 catastrophes to hit QBE's profits for $600m
Sydney-headquartered global insurer QBE has updated the market that recent losses in Mexico and the US will have a significant impact on full year profits.
Interview: Tulsi Naidu, Zurich
Almost a year into her role Zurich UK CEO Tulsi Naidu talks to editor Stephanie Denton about the events of the last 12 months and how the insurer is progressing with its transformational programme.
Sompo International brings multiple global operations under one banner
Sompo International Holdings has brought together its European, American and newly acquired Endurance businesses together to form a single worldwide platform.
Everest Re gains approval for Dublin post-Brexit hub
Everest Re has been granted in principle regulatory approval for a Dublin-based subsidiary.
Monarch customers 'may not be covered' under travel policies
Travellers affected by the collapse of Monarch may not be covered for cancelled flights under their travel insurance policies.
Aviva sells stake in Italian JV for £233m
Aviva has sold its £233m stake in its Italian business Avipop Assicurazioni.
Analysis: Connected risks require joined-up thinking
Faced with events that cascade from one risk class to others, insurers need to review their underwriting strategies.
Axis unveils £468m Novae acquisition timeline
Axis has announced the timeline for its £468m acquisition of Novae.
Dive In 2017: Workplace culture 'needs to change', says insurance sector
Seven out of ten insurance professionals believe their workplace culture needs to change, according to survey findings.
Hong Kong and UK regulators sign fintech agreement
The Hong Kong Insurance Authority and the UK’s Financial Conduct Authority signed a fintech co-operation agreement last week.
Foil's Nigel Teasdale on engaging with Europe after Brexit
The UK's Brexit Withdrawal Bill is making its way through parliament but Nigel Teasdale, president of the Forum of Insurance Lawyers and partner at DWF, believes this will make interactions with the European Union even more important for the insurance…
EU and US sign covered agreement
The European Union and the United States has today signed the so-called covered agreement on prudential reinsurance measures.
Week in Post: Cancelled flights, closed doors and canned ads
My dad was one of 400,000 passengers affected this week by air traffic control delays, bad weather and a backlog in employee holidays for the delay, which lead to budget airline Ryanair cancelling 50 flights a day for the next six weeks.
Capsicum's Chris Hardcastle on the capacity struggle facing MGAs
Managing general agents are popping up all over the place but capacity is coming under pressure. Chris Hardcastle, managing director of Capsicum Delegated Authority, asks if there is enough capacity to go round.