January 4, 2017: Cats Don't Equal Price Hikes, Soaking Up Liabilities and Bomb Cyclones

Chris Westfall
Chris Westfall

Insurers Jostle for Pension-Risk Transfer Bounty
Institutional Investor
Growing numbers of U.K. defined benefit plans are looking to offload liabilities — and now they can afford to make them someone else’s problem.

Disasters Don’t Whip Up Insurance Pricing Power
WSJ (sub may be required)
Excess of reinsurance capital keeps lid on 2018 renewals in spite of huge losses in 2017.

Insurance Companies Send Settlement Checks to Hurricane Irma Victims with String Attached
Sun Sentinel 
Settlement checks sent by at least three companies include language stating that accepting the check releases the companies from further obligations connected to the claim.

Why the Bomb Cyclone Hitting the East Coast Is So Unusual

It’s what happens when everything comes together just right (or just wrong).

Japan’s Sompo Holdings to Acquire US Surety Insurers

Japanese nonlife major sees opportunities amid US infrastructure boom.