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Lockdowns an uninsurable political risk: OdysseyRe’s Dubots-Lafitte

The executive said that it was not up to the reinsurance industry to shoulder “unexpected and unquantified abnormality”.

Samuel Casey, 06 September 2021
Ida’s northeast sting will bring a different shape to overall loss

The flooding in the northeast increases scope for commercial lines and auto losses.

Fiona Robertson, 06 September 2021
Swiss Re expects global P&C premiums to more than double by 2040 to $4.3tn

The reinsurer warns that climate risks could increase average weather-related property cat losses in advanced markets by more than 60%.

Luke Harrison, 06 September 2021
PIB reports 2020 adjusted Ebitda up 41% to £37.7mn

The broker consolidator also revealed premium handled was up 55% to £1.5bn.

Rachel Dalton, 06 September 2021
Pandemic led to boost in demand for parametric products: BHSI

Covid-19 has prompted an increase in demand for contract certainty and rapid claims payments.

Samuel Casey, 06 September 2021
Tiernan: Underperformers without credible plans ‘may not have a place’ in Lloyd’s

Speaking at this morning’s opening session for Insurance Insider’s (Re)Connect conference, Patrick Tiernan, chief of markets at Lloyd’s, reiterated the Corporation’s expectations over business plans.

Marcel Le Gouais, 06 September 2021
Caldor Fire destroys 921 structures in eastern California

The fire has burned through more than 215,400 acres and spread across the counties of El Dorado and Amador.

Alex Frampton, 06 September 2021
Starr expands London marine team with Hamilton’s Corton

Incoming capacity to the marine market over the past year has led to an easing in rating momentum.

Samuel Casey, 06 September 2021
Reinsurance event Reconnect kicks off today

Stephen Catlin, Andy Marcell and Tim Gardner feature in today’s sessions.

Rachel Dalton, 06 September 2021
Second Australian BI test case over policy wordings launches

The ICA welcomed the step closer to clarity, after insurers lost the first BI test case over the interpretation of the Quarantine Act.

Samuel Casey, 06 September 2021

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