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Insurers accused of ‘obliterating cover’ in last day of £1.1bn Covid BI case
The parties gave their final submissions following a legal hearing that has lasted over two weeks.
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The insurers also claimed that Stonegate’s desired treatment of furlough payments would lead to it being ‘over-indemnified’.
More than 60% of respondents to an ESMA survey believe the level of methodological transparency is still unsatisfactory.
Matthew Solley’s departure brings an end to his 21-year spell at the company.
The underwriter joined CNA Hardy last year amid a flurry of people movement in the D&O market.
Opinion
Opinion
D&O market weighs recession risks as rates continue to fall
Are we set for the shortest softening D&O market ever?
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Clear Group confirms Goldman Sachs investment
27 June 2022
Analysis
As London market carriers encourage parental leave take-up, Insurance Insider explores whether the HR benefit can be a tool to tackle the industry’s diversity issue.
The French reinsurer faces a number of hurdles as it looks to set its new corporate strategy. We outline the challenges ahead.
Organisers perceive a clear runway ahead for planning events, after over two years of restrictions on gatherings.
Insureds are also buying less limit to manage spend, which is impacting the flow of business to the London excess market.
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Fusion Specialty launches M&A offering in UK
27 June 2022 -
Suncorp reviewing banking operations: report
27 June 2022 -
Compre raises ~$200mn debt for growth
27 June 2022
Interviews
Interviews
The firm, which has backing from CDPQ, General Atlantic and Hg, has spent $4.8bn across four deals in under two years.
The president of BHSI’s UK and European operations outlined to this publication expansion plans for the $1bn-premium division.
The commercial insurance CEO said that the industry should act now before the cat market reached a point of implosion.
Beazley’s pioneering new Syndicate 4321 uses ESG ratings to provide additional capacity for clients, but it will play a broader, strategic role for the carrier.
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