RSA
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In robust arguments carriers dispute the causation of losses and the nature of specific wordings. -
The Irish central bank finds Rory O'Connor "knowingly and actively" under-reserved and gave false information to the supervisor.
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The late July High Court hearing will also involve Arch, Argenta and QBE.
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Law firm Edwin Coe rallies more policyholders seeking claims for BI losses.
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The insurer says the “great majority” of BI claims will not pay out.
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The carrier underwrites the policy on behalf of Gallagher and has around 2,000 customers.
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The regulator reiterates call for prudence after Hiscox, Aviva, RSA and Direct Line pull payouts.
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The carrier says rivals’ actions vindicate portfolio cuts at its London market business.
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Ciara and Dennis may turn out to be the most significant European windstorm losses since 2018.
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The carrier reported an improvement in weather, large and attritional losses.
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The executive has previously held senior roles at Scor and AGCS.
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The executive moves from trade body Insurance Ireland, where he was CEO for seven years.
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