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The fourth-quarter charge will take group full-year pandemic losses to EUR1.2bn. -
The withdrawal of governmental support could be costly for (re)insurers on multiple fronts.
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Bryte has also granted an underwriting binder for its entire corporate property book to Sapphire Risk Transfer.
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Trying to answer the age-old question has deeply divided the market.
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Proposed changes intend to improve efficiency of the scheme and increase uptake of flood cover.
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The deal follows an agreement the reinsurance broker reached in December to partner with auction platform Tremor Technologies.
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The executive will move to London from Sydney as part of her new role.
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The ratings agency foresees no “material effect” on the capital or earnings of UK commercial property insurers following the Supreme Court ruling.
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Fenchurch Law partner suggests "aggressive" initial claims adjustments will be unwound and the reinsurance context will need specific consideration.
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Maya Bundt says insurers can do more to advise insureds to treat cyber like they would ESG concerns.
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The executive, based in Chicago, is a former broker and joined Argo’s ceded re team from Allied World in 2020.
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The executive takes over from Megan Thomas, who left to become the CEO at Hamilton Re in September.
