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Axa granted limited appeal in Corbin & King Covid-19 BI case

Axa has been granted permission to appeal certain aspects of the ruling of a case successfully brought against it by Wolseley owner Corbin & King over Covid-19 BI cover.

Samuel Casey, 25 March 2022
US windstorms to cause hundreds of millions of dollars in insured losses: Aon

Damage from windstorms that swept across the central and eastern United States from 21 to 23 March could cause hundreds of millions of dollars in economic and insured losses, according to the Aon Impact Forecasting weekly cat report.

Martha Muir, 25 March 2022
Lloyd’s 2021 results: Rate re-acceleration, inflation, stiff expense targets

Management commentary and disclosure from the Lloyd's 2021 result outlines key challenges for the market ahead.

Catrin Shi, 25 March 2022
Covéa ups payment for PartnerRe by $328mn

The payment comes on top of an original consideration of $9bn.

Rachel Dalton, 25 March 2022
Berkshire-Alleghany: Are investors getting fair value?

Inside P&C Research’s SOTP valuation range tops out 17% above the price, but the stock was range-bound and there were no other bidders.

Insurance Insider US Research, 23 March 2022
Verisk estimates $2bn-$4bn property losses for earthquake in Japan

Of that roughly $400mn to $820mn can be attributed to commercial and industrial properties, according to Verisk.

Farhin Lilywala, 24 March 2022
Lloyd’s CFO Keese: Further work required on remediation and expense ratio

Lloyd’s CFO Burkhard Keese said further progress is needed among the lowest-performing syndicate quartile, despite their aggregate combined ratio improving 17%.

24 March 2022
Howden and AJ Gallagher vying to acquire Peruvian broker Contacto

The firm ranks among the three largest retailers in Peru, and talks come amidst a pick-up in M&A in Latin America.

Jairo Ibarra, 24 March 2022
Lloyd’s results by segment: Reinsurance and casualty lead all-round improvements

Lloyd’s 2021 results have revealed significant improvements in virtually all lines of business as well as rocketing premium growth in reinsurance and primary casualty business.

Rachel Dalton, 24 March 2022
Lloyd’s Keese: Ukraine losses should not impact Central Fund

Based on Lloyd’s current risk scenarios, losses from the crisis should be manageable if significant, the CFO said.

Catrin Shi, 24 March 2022

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