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Southeast Queensland and NSW flood claims surpass A$1bn
Claims have reached 67,537 since yesterday’s update.
Rachel Dalton
,
04 March 2022
Countries call for meeting with UN shipping agency over Ukraine conflict
More than 15 countries have called for a special meeting with the International Maritime Organisation (IMO) to discuss the safety of ships sailing through the Black Sea and Sea of Azov during Russia’s invasion of Ukraine.
Rachel Dalton
,
04 March 2022
Lloyd’s moves from contained remediation phase to smarter growth
The theme of yesterday’s market briefing is that Lloyd’s is now moving into a period of growth, having completed remediation, but it wants smarter, sustainable growth.
Marcel Le Gouais
,
04 March 2022
Arch Insurance International makes Bonneau ceded reinsurance chief
The executive joined the company in 2010.
Rachel Dalton
,
04 March 2022
Generali confirms plans to shut down Russian operation
The Italian carrier will also wind down its Europ Assistance presence in Russia.
Rachel Dalton
,
04 March 2022
James River Q4: Is the franchise vulnerable to activist investors?
The reserve charge reported in quarterly earnings may have opened the door for activists.
Insurance Insider US Research
,
02 March 2022
IGI’s Q4 operating income more than doubles to $13.6mn
IGI’s combined ratio improved by 13 points to 83.8%.
Farhin Lilywala
,
03 March 2022
Fortitude Re executes $400mn James River LPT deal
The reinsurance deal will require James River to write off $6.8mn in Q1 2022.
Eileen AJ Connelly
,
03 March 2022
Gilinski becomes Sura’s largest shareholder following second tender offer
The deal marks the latest step in Gilinski’s hostile takeover of one of the largest carriers in Latin America.
Jairo Ibarra
,
03 March 2022
Generali to shut down Russian operations after Ukraine invasion: reports
The Italian insurer plans to wind down its Europ Assistance operation and freeze its almost 40% stake in insurer Ingosstrakh, according to reports.
Luke Harrison
,
03 March 2022
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