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Tokio Marine faces ‘larger-than-expected Greensill exposure’: Bloomberg
An “internal lapse” reportedly means cover from key reinsurers won’t kick in.
Anna Sagar
,
19 March 2021
Conduit’s $15mn-$30mn Ukraine loss dependent on aviation market outcome
Up to 50% of the carrier’s war loss stems from aviation, where litigation brews.
Rachel Dalton
,
11 May 2022
Cincinnati Syndicate 318 posts 2021 CoR of 83%
Fellow Names-backed Verto Syndicate 2689 reported a loss of £10mn for 2021.
Rachel Dalton
,
23 February 2022
AIG appoints Allianz’s Smith as new UK head of construction
Paul Smith's appointment follows the retirement of Gerald McDowell after nearly 16 years at AIG.
Luke Harrison
,
04 October 2021
Size of Beazley business affected by Ukraine ‘relatively small’: CEO Cox
The carrier highlighted in its Q1 results this morning that it had $50mn exposure net of reinsurance to the war in Ukraine.
Luke Harrison
,
06 May 2022
Forecast tropical storm to bring heavy rains to Gulf Coast
The storm system is expected to become Tropical Storm Claudette.
Fiona Robertson
,
18 June 2021
Ida knocks out New Orleans power
Ida has weakened to a tropical storm after knocking out power to New Orleans and other coastal areas of Louisiana overnight.
Fiona Robertson
,
30 August 2021
Insurers settle £105mn of Covid-19 BI claims over last month: FCA
More than £100mn ($134mn) of UK Covid-19 BI claims were settled in full by insurers during the month to 5 November, according to the latest monthly data from the Financial Conduct Authority (FCA).
Ben Wylie
,
17 November 2021
AM Best maintains negative outlook for UK non-life insurance
The ratings agency warned that the fallout from the conflict in Ukraine could also have an indirect economic impact.
Luke Harrison
,
06 April 2022
Oneglobal hires Bowring for Bermuda energy casualty role
The hire previously worked for BMS and Price Forbes.
Rachel Dalton
,
04 August 2021
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