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After years of poor performance and talent flight, Insurance Insider examines the challenges faced by Axa XL and the strengths it holds to forge a new start.
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From Inside P&C

Axa XL leads cyber program on risk for CNA ransomware claim

Underwriters expect a loss from the event to fall on the carrier’s cyber insurance program.
Houses in Houston suburb flooded from Hurricane
From Trading Risk

Cat bonds rates drop 2.4% in Q1 as hard market softens: Lane

The ILS analysts noted a trend for cat bonds to be impacted by a higher number of small loss events.
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From Inside P&C

‘Nuclear’ jury verdicts continued despite pandemic in 2020: Chubb

The carrier says jury awards are rising while the size of insurance limits purchased is declining.
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From Insider Engage

How to develop a financial vaccine against future pandemics

Insurers had had better make sure Congress is aiming at the right target, before the insurance industry takes its one shot at a federal pandemic risk program
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