A tale of investment capital looking for a home: Large pension funds and insurers claim the European Investment Bank is closing them out of significant infrastructure projects.
Hurricane Matthew will have a limited impact on the years-long decline in rates for reinsurance, according to industry representatives, who predict primary insurers will push back against price increases at the start of 2017.
Reinsurers, forced to cut prices for four years in a row, should target brokers fees as the industry seeks to reduce costs, according to Lloyds of London Chairman John Nelson.
Axis would be drawn to an insurer or reinsurer that would allow it to expand selective business lines and create a more efficient underwriting platform.