Insurance news

• Hull drives The Standard Syndicate 2015 loss deterioration

  12-11-2016 02:54
  The Standard Syndicate 1884 has reported a significant
  deterioration in the underwriting loss forecast for its maiden 2015
  year of account.
  In a capacity auction disclosure, the Charles Taylor Managing
  Agency (CTMA) run syndicate said that its forecast for the 2015
  year had deteriorated from a best case of a 15.0 percent loss on
  capacity to a 29.9 percent loss as at 30 September 2016.
  The worst case had worsened from 35.0 percent of capacity to
  49.9 percent, it added....
  
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• Watsa tips bullish stance on US equities under Trump

  12-11-2016 00:40
  Fairfax Financial Holdings sharply reduced hedges on its equity
  investments this week, citing a newly bullish outlook for US
  markets following the election of Republican Donald Trump as
  president.
  Hedges on the Toronto-based company's portfolio of stocks
  and related investments now represent about half of the holdings,
  down from almost 113 percent at the end of September, Fairfax said
  today in a statement. Further reductions in equity hedges may
  follow, based on continuing analysis of post-elect
  
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• TMK 2015 forecasts deteriorate

  12-11-2016 00:40
  Tokio Marine's Kiln platform at Lloyd's reported a modest
  deterioration on its 2015 year of account syndicate forecasts, but
  a slight improvement on the 2014 year.
  For 2015, flagship Syndicate 510 profit forecasts narrowed from
  a range of 4.6-9.6 percent of its £1.06bn capacity to 4.5-9.5
  percent.
  Syndicate 557 is now forecast to return a profit of 22.2-27.2
  percent on its £35mn capacity, compared to the 23.2-28.2
  percent forecast as at August 2016.
  Tokio Marine Kiln's life Syndicate
  
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