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ICA puts flood losses up to A$1.9bn

The tally has risen 7% in the past day.

Fiona Robertson, 11 March 2022
WTW’s Swift to become Liiba chair

Alastair Swift will replace Aon’s Richard Dudley, who has held the role for the past two years.

Luke Harrison, 11 March 2022
Zurich divests $573mn in assets as part of coal clampdown

Since 2017, the carrier has also phased out insurance relationships equating with $38mn in GWP.

Luke Harrison, 11 March 2022
Opinion: The property D&F deceleration may not be as fast as expected

There are early signs of bifurcation between rates on cat-exposed or loss affected business, and clean accounts.

Catrin Shi, 11 March 2022
Aon halts operations in Russia, puts staff on paid leave

The firm made the announcement soon after Marsh McLennan took a similar decision earlier today.

Jairo Ibarra, 10 March 2022
Mosaic managing agent could be ‘Blueprint Two prototype’: Wheeler

The firm will leverage its partnership with DXC to build a fully digitalised managing agent, the co-CEO said.

Catrin Shi, 10 March 2022
Mosaic to acquire SiriusPoint’s Lloyd’s managing agent

As part of the deal, all staff working for the managing agent will join Mosaic, while SiriusPoint will become a strategic investor in the carrier.

Aisling Finn, 10 March 2022
RMS expands its suite of climate change models

The company’s new models will be generally available in June for major perils including US flood, US wildfire and Japan typhoons.

Luke Harrison, 10 March 2022
Marsh McLennan exits Russia as sanctions on the country mount

Marsh transferred ownership of its Russian businesses to local management who will operate independently in the Russian market.

Jairo Ibarra, 10 March 2022
Hannover Re pauses underwriting in Russia

On its earnings call, the company also announced it is buying reinsurance and retro cover on an all risk and war basis.

Martha Muir, 10 March 2022

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