-
The executive focused on casualty classes, including motor, liability and professional indemnity.
-
Any carrier troubled in recent months by large losses, be they property or casualty, will have noted Zurich CEO Mario Greco’s claim last week that his company has neutralised the threat.
-
The carrier’s withdrawal comes amid general concerns over pricing and reserving. -
The move follows an exodus of casualty underwriters from Swiss Re’s primary business over 2019.
-
Aon and Willis Re will place the global XoL, with Guy Carp placing international.
-
The "Hundreds" product will have a $100mn limit excess of $100mn, and cover 100 named perils.
-
Casualty rates and T&Cs should improve for 24-36 months, the executive said.
-
Executives who have been upfront about the need to batten down the hatches ahead of the impending casualty storm must be feeling a little put upon.
-
Aon's Robert Johnston takes the Bermuda chairman role, with incumbent John Fletcher moving to the regional CEO post.
-
The ratings firm’s analysis suggests that rising claims costs and thin margins present an “earnings risk” to the industry.
-
Speaking on an analyst call CFO Christoph Jurecka said that the reinsurer had been revising its US casualty books since 2017.
-
Convex CEO warns "big bang" market-wide reserving remediation could be "fatal" for some.
