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RiverStone completes RITC with Hamilton for Acappella 2014 liabilities

The transaction involves net technical provisions of more than £200mn.

Rachel Dalton, 03 March 2022
Russian aviation and space companies blocked from UK insurance market

Whether the sanctions are effective immediately remains unclear.

Aisling Finn, 03 March 2022
Australia flood claims surge by 25% and ICA pegs losses at A$900mn

Claims from New South Wales are expected to increase in the coming days, given the flooding emergency in Sydney.

Samuel Casey, 03 March 2022
Non ducor, duco: Generali’s boardroom imbroglio

Who will lead Italy’s 191-year-old insurer over the next three years? Analysts have their say.

Jim Robinson, 03 March 2022
PartnerRe improves Q4 non-life CR 21 points to 77.5% as specialty LR halves to 37.9%

The firm posted a combined ratio of 80% for its P&C segment and 72.5% for its specialty unit, improving from 97.6% and 100.2% in Q4 2020, respectively.

Jairo Ibarra, 02 March 2022
GRP enters exclusivity with Brown & Brown

The US retailer looks set to secure the UK consolidator after fending off private equity house TA Associates.

Rachel Dalton, 02 March 2022
New guidance issued on Russia sanctions, as PRA assesses carriers’ exposures

Government departments have published guidance on trading activities with Russia, including insurance of certain entities, that will now be prohibited.

Marcel Le Gouais, 02 March 2022
Hiscox predicts limited direct and indirect Ukraine impact on portfolio

Despite the limited exposure overall, Hiscox said that it has some exposure on its terror and political violence book.

Aisling Finn, 02 March 2022
Hiscox eyes ‘modest’ London market growth and ‘huge runway’ in retail: Hussain

The CEO said that Hiscox had ‘negligible’ exposure in Russia and property exposures in Ukraine were heavily reinsured.

Samuel Casey, 02 March 2022
Aviva faces down PE house for Covea UK insurance arm

The UK insurance Number 1 could take over Covea’s ~£725mn GI operation.

Rachel Dalton, 02 March 2022

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