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Energy
Moss Landing battery loss has shaken underwriter confidence: Nardac’s Sharma
Coverage restrictions in renewables are increasing risk for investors.
Samuel Casey
,
07 February 2025
Specialty lines
Markel’s international fine arts book to take largest CA wildfire hit: CFO
The company did not take questions on its recently announced business review.
Jairo Ibarra
,
06 February 2025
Talent
Innovative Risk Labs CEO Gaze set to depart
Ed Gaze joined the group as CEO in 2022.
Rachel Dalton
,
06 February 2025
In Partnership With
Allianz Commerical
Behind the Headlines: Nardac's Jatin Sharma on the Moss Landing battery loss shaking underwriter confidence
The renewable energy sector is a major growth opportunity for the insurance industry but the loss experience has been challenging.
06 February 2025
Regulation
Lawyers issue fiduciary-duty warning around SMBs
Brokers and insurers must obtain informed consent from clients for the commissions.
Rachel Dalton
,
06 February 2025
Talent
Murrow named Allianz Trade Americas CEO as Daly retires
A new UK CEO for the trade credit insurer will be announced at a later date.
Samuel Casey
,
06 February 2025
Catastrophe losses
Allstate’s $2bn wildfire bill cut by $900mn in reinsurance recoveries
The carrier disclosed it will book $1.1bn in net losses from the California fires.
Rebecca Perkins
,
06 February 2025
Claims and losses
Markel reports IP losses of $169mn for FY24
The insurer acknowledged additional claims in 2025 would be “reasonably possible”.
Ayesha Venkataraman
,
06 February 2025
Reinsurers
Fears large reinsurers could exit Indian market as cross border deadline looms
Reinsurers on portfolios with longer-tail liabilities may withdraw.
Stephanie Denton
,
06 February 2025
Cyber
Cyber Monitoring Centre begins categorising cyber events
The CMC will categorise cyber events that have a potential financial impact of £100mn+.
Rebecca Perkins
,
06 February 2025
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