A smattering of data points and commentary from Q1 analyst calls shows that turnaround efforts are bearing some fruit.
Denis Kessler will cease to be CEO from the end of June this year for personal reasons, a year earlier than planned.
Sources say the pipeline operator has at least $15mn in cyber insurance cover.
Downstream uses of oil and gas pose challenges for the (re)insurance industry, he says.
Wreck removal, if required, would generate a separate $50mn-$100mn claims bill for the P&I market.
13 May 2021
The CEO says the transaction accelerates AJG's strategy in Europe by five years.
Pockets of the distressed Florida market are still expected to face a challenging renewal, but much of the remediation was carried out last year.
Hiscox’s London market rate rises decelerated from 20% in 2020 to 13% in Q1.
Underwriters voiced a cautious optimism about the outlook for 2020, but warned that the class was moving from a low point.
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