Reinsurers could rue hours clause extension as UK floods continue

17 February 2014

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A significant expansion of the hours clause during the 1 January treaty renewals has made reinsurance losses more likely as severe weather continues to afflict the UK.

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Reinsurers could rue hours clause extension as UK floods continue

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Reinsurers could rue hours clause extension as UK floods continue

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Topics

Willis looks again to Marsh for aviation buildout with UK MD Standing

Guy Carpenter expands Trace’s remit to chief broking officer

Canopius’ head of marine treaty Wallace leaves for TMK

Co-op did not have cyber coverage for ransomware attacks

Axa XL London international liability head Rowland to exit for Gen Re

Axis head of construction global markets Woolley to join Markel

LSM construction underwriting manager Jones to exit