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Judges dismiss insurers’ appeals and overturn the famous Orient Express ruling. -
The upcoming Supreme Court ruling could result in increased losses for the carrier.
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The mixed ruling delivered by the High Court meant insurers escaped from worst-case loss scenarios.
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The finding could have a material impact on the scale of BI losses stemming from the pandemic.
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The year was marked by record North Atlantic storms, which put the loss tally more than 40% ahead of mild 2019 experience.
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The missive adds to the patchwork of arrangements emerging for existing policies across the 27-nation EU.
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Loss-free accounts are repricing by high single digits but the real battle is over terms.
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The new recruit will run SI’s UK and international property team.
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The GDV trade association reports below-average losses thanks to a quiet winter storm season.
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Major consolidation laid the ground for current new launches, the Conduit chairman suggested.
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Guardrisk argued that its policy did not respond to a general government response to the pandemic.
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The underwriting room will be open on Wednesdays only for all classes.
