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OneWeb signs $1bn insurance agreement with Marsh

The multi-launch insurance programme covers physical loss or damage to the company’s GEN 1 satellites.

Luke Harrison, 02 September 2021
2021 to be a ‘record year’ for M&A insurance: BMS

In 2020 the market fell to “near paralysis” in the early stages of the pandemic, before rebounding strongly.

Samuel Casey, 07 May 2021
AGCS CEO Müller: 'We are not shrinking to greatness'

The executive explained the carrier was ready to pivot to growth after exiting some EUR700mn of business as part of its extensive turnaround programme.

Catrin Shi, 18 October 2021
Dixie Fire destroys 1,200 structures, approaches Susanville

The second-largest fire in California’s history has so far affected mostly woodland areas.

Samuel Casey, 18 August 2021
Five-year average cat impact on CoRs to continue rising in 2021: Willis Re

Increasing cat costs will drive the focus on modelling and price adequacy, the intermediary said.

Rachel Dalton, 23 November 2021
Nicholas brings heavy rain to Texas and Ida-hit Louisiana

Over nine inches of rain struck Houston and more than half a million Texas residents were left without power.

Samuel Casey, 15 September 2021
Ida’s impact on energy facilities to last long into the year: Adapt Ready

The energy market is being watched closely due to its potential to produce large risk losses.

Samuel Casey, 02 September 2021
AJ Gallagher completes $3.25bn Willis Re acquisition

The deal was struck in the wake of the collapse of Aon and Willis Towers Watson’s merger.

Samuel Casey, 01 December 2021
KCC pegs Storm Henri insured loss at $155mn

The risk modeller said Henri’s weakening before landfall spared the northeast US from the damage originally forecast.

Rachel Dalton, 25 August 2021
BMA calls for Russia-Ukraine exposure data

The regulatory body also underlined the need to manage risks and uncertainties relating to the war.

Samuel Casey, 19 April 2022

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